North Korea’s TraderTraitor Group Linked to $6.3 B Binance Hack

Cybersecurity firms TRM Labs and Chainalysis, together with on‑chain investigator ZachXBT, have attributed the $6.3 B theft from Binance to the North Korean hacker collective TraderTraitor. TRM Labs cited both on‑chain and off‑chain intelligence to reach a “high confidence” attribution. ZachXBT noted that the stolen Binance funds and those taken in the earlier Bitget exploit were commingled at the same address after moving through THORChain, indicating a single actor behind both incidents. Chainalysis CEO Jonathan Levin estimated the loss at $6.4 B and linked it to TraderTraitor, citing similarities to previous North Korean‑linked hacks such as the Bybit and DMM Bitcoin thefts. The FBI has also identified TraderTraitor as the culprit in the $300 M DMM Bitcoin robbery, where an attacker used social engineering to gain employee access and divert funds. The attribution underscores a pattern of cross‑platform, state‑backed cyber‑criminal activity.