COINDESK · 2026-10-30 03:37 UTC

Crypto's longtime foe, North Korea's Lazarus Group, likely behind Binance hack: blockchain sleuths

North Korean Lazarus Group likely responsible for $6 billion crypto theft from Binance, according to blockchain investigators ZachXBT and analytics firm TRM. Lazarus Group is a state-sanctioned hacking unit known for stealing crypto to fund North Korea's weapons program; has been linked to multiple major crypto hacks including $1.46 billion Bybit hack and $625 million Ronin Network hack. Binance traced attack to compromised DevOps engineer's laptop; one investigator cautioned attribution not yet definitive, noting Lazarus typically moves stolen funds faster than observed in this case.

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