FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses
The FBI has confirmed that North Korean hackers are responsible for a $6.4 billion hack of Binance, urging the DeFi community to block associated wallet addresses. While Binance has replenished most of the stolen funds, the attackers continue to launder the remainder through decentralized tools.
Why it matters
This incident underscores the massive security risks in the cryptocurrency sector and the challenges law enforcement faces in tracking state-sponsored cybercrime.
According to the Saturday statement, the hackers had been converting the stolen funds mainly into ether ETH $2,262.58 , and the FBI said it expects the hackers to use swap services and other decentralized finance (DeFi) tools to continue laundering the funds.
“FBI, USSS, and IRS-CI are urging private sector entities including THORNode operators, RPC node operators, instant exchanges, DeFi services, blockchain analytics firms, and other virtual asset service providers to block transactions with or derived from addresses TraderTraitor actors are using to launder these stolen assets,” the statement said.
Read all of CoinDesk’s coverage on the Binance hack .
The FBI listed over 600 Ethereum addresses, just under 20 Bitcoin addresses and a single Solana address in Saturday’s notice.
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