$6.3 Billion Binance Hack Puts North Korea Under Suspicion
A $6.3 billion hack of the crypto company Binance this week is the largest ever to hit the cryptocurrency industry. North Korea, which has a history of brazen cybercrime, is a suspect.
The crypto industry company Binance was hit this week by a hack worth $6.3 billion. According to The New York Times, it is the largest such attack ever to shake the cryptocurrency industry.
North Korea, a secretive East Asian state, is among the suspects. The newspaper notes that the country has a history of brazen cybercrime, which is why it has come under suspicion in this case. The source does not describe how the breach happened, which assets were taken, or whether any evidence against Pyongyang has been made public.
Why it matters
If North Korea's involvement were confirmed, this would be another operation by a country already linked to cybercrime. For now, the claim remains at the level of suspicion, and no official conclusions are mentioned in the source.
