North Korea linked to $6.3B Binance hack by crypto investigators

Blockchain investigators, including TRM Labs and ZachXBT, have attributed the record-breaking $6.3 billion Binance hack to North Korea's Lazarus Group. Specifically, the attack is linked to Tradertraitor, a sub-unit of the DPRK ecosystem. TRM Labs expressed high confidence in this attribution. Furthermore, ZachXBT discovered that stolen funds from both the Binance and Bitget hacks converged at the same address, reinforcing the connection between these major cryptocurrency thefts and the North Korean state-sponsored group.