STRAITS · 2026-10-30 19:23 UTC

North Korean hackers linked to crypto thefts among world's best, experts say

North Korean hacking group 'TraderTraitor' attributed to $6.3 billion theft from Binance exchange, part of at least $13.5 billion in cryptocurrency stolen by North Korea since 2025. Experts say the group targets developers and IT staff through malware and fake job offers, with stolen proceeds laundered through Chinese crime groups and used to fund North Korean weapons programs. Binance working to freeze stolen crypto with about $3 billion located so far; US State Department calls North Korean cybercrime a 'global problem' tied to sanctions evasion and military funding.

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