North Korea Laundering $6.4B Binance Heist via Automated Cross-Chain Routes
The FBI has attributed the $6.43 billion theft from Binance to North Korea’s TraderTraitor unit. Elliptic reports that the attacker is using automated, complex methods to launder funds across 11 blockchains, primarily via Tron, while stablecoin issuers have frozen $2.85 billion of the total. Approximately $3.24 billion remains in linked addresses, with minimal cash-out activity so far.