Crypto currencies, cashless transactions, Binance, etc.
The $6.3 Billion Binance Hack Was Pulled Off in Just 20 Minutes
Multiple crypto-tracing firms say notorious North Korean hackers TraderTraitor may be behind the largest digital heist in history—with billions of crypto likely gone for good.
www.wired.com
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The FBI asked crypto exchanges, blockchain analytics companies and others to block transactions linked to various addresses to make sure the money is not laundered to cover up its origins.
It also said its probe found that TraderTraitor was converting stolen assets primarily into a cryptocurrency called ethereum. The FBI expects that TraderTraitor will now attempt to convert the assets using DeFi and “instant swap services.”
Asked by reporters as he appeared on Saturday night during a Halloween party at his Mar-a-Lago estate in Florida, however, President Donald Trump suggested investigators weren’t yet certain that North Korea was involved.
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No matter who stole the $6.5 Billion from Binance, question remains where is that money now and will we ever see it?
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