
Binance Hackers Deploy ‘Never-Seen-Before’ Crypto Laundering Tactics
Key Highlights: Blockchain analytics firms Chainalysis and TRM Labs have linked the breach of Binance hot wallets to the North Korean cybercrime syndicate Tradertraitor. Attackers deployed valid signed authorizations to run malicious software, using Tornado Cash funding and rapid stablecoin-to-ether swaps to beat issuer blacklists. Binance set aside over $6.34 billion in internal reserves to ...
