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Binance Says Hackers Plotted $6.3 Billion Crypto Heist for Months
Binance says hackers plotted a $6.3 billion crypto heist over months, using fake job interviews to breach an engineer's computer.
Key points
- Binance said hackers ran a monthslong campaign using fake job interviews.
- The campaign exploited an engineer's work computer and an internal A.I. tool.
- North Korea rejected US claims that it was behind the theft of more than $6 billion.
Why it matters. The dispute leaves responsibility for what the FBI calls the biggest crypto heist on record contested, with North Korea denying the US claims.
Binance said in a report that hackers ran a monthslong campaign using fake job interviews to exploit an engineer's work computer and an internal A.I. tool. The FBI blamed an elite team of Pyongyang's hackers for the $6.3 billion theft, described as the biggest crypto heist on record. North Korea rejected US claims that it was behind the theft of more than $6 billion in cryptocurrency from the exchange.
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Binance Says Hackers Plotted $6.3 Billion Crypto Heist for Months
Cryptocurrency exchange Binance said hackers spent months preparing a $6.3 billion heist, according to a report it published. The campaign used fake job interviews and exploited an engineer's work computer and an internal artificial intelligence tool. The FBI has blamed an elite team of North Korean hackers for the theft, which it described as the largest crypto heist on record. North Korea has rejected the US claims. US government agencies and cyber analysts have also pointed to Pyongyang. The report did not say whether the stolen funds have been recovered.
Frantic Binance Hackers Created Windfall for Fast Crypto Traders
55 minutes ago Osmond Chia Business reporter Reuters Kim Yo-jong, the sister of North Korea's leader Kim Jong Un Kim Yo-jong, a top Democratic People's Republic of Korea official and the sister of leader Kim Jong Un , said on Tuesday that the accusations are another "sinister attempt" by the US to damage Pyongyang's public image. The US Federal Bureau of Investigation (FBI), the Secret Service and cyber analysts have said North Korea orchestrated the hack, which has been described as the largest in history. This is the latest hack to be linked to North Korea, which has been accused of relying on cyber-crime to help finance its sanctioned economy. Blockchain analysts and the FBI have said the attack was led by state-backed hacking group TraderTraitor. The FBI has called on industry partners to help block transactions involving cryptocurrency accounts linked to the group. "The US has made a trite provocation of linking it with the Democratic People's Republic of Korea again," Kim Yo-jong, the director of North Korea's General Affairs Department, said in a statement. "It is a grave political provocation against the DPRK that the US misleads the international public opinion as if all the cyber crimes in different parts of the world are our deeds," she said. But Pyongyang has been blamed for a number of major cyber attacks in recent years - accusations that it has denied. Pyongyang .