Reportedroot causeClaim 303
Early indicators on the Ethereum activity suggested the attacker had phished the authorizations. That explanation covers Ethereum and leaves the other chains unexplained.
TRM Labs said early indicators suggested the attacker had phished the Ethereum authorizations, but that this leaves the other chains unexplained.
This line is our short summary of the quote below. The quote is the evidence.
Cited in theories
- The Ethereum authorizations were phished: Evidence for. TRM: early indicators suggested phishing.
Other claims from the same source
Reportedroot causeClaim 458
TRM Labs said that on the nine chains other than Ethereum, Binance wallets sent funds to the attacker through ordinary signed transfers.
Binance wallets on the other nine chains sent funds to the attacker through ordinary signed transfers.
ReportedattributionClaim 302
TRM Labs attributed the attack to TraderTraitor, which it called North Korea's elite hacking unit, with high confidence.
North Korea’s elite hacking unit, based on robust on and off-chain intelligence. We make this judgment with high confidence.
Reportedroot causeClaim 301
TRM Labs said preparation began at least 36 hours before the theft, with the operator wallet receiving three small Tornado Cash withdrawals from the morning of 28 October.
Preparation began at least 36 hours before the theft. The attacker's operator wallet received three small withdrawals from Tornado Cash, a service that obscures where crypto comes from, starting the morning of October 28.
ReportedfreezeClaim 243
Binance co-CEO Yi He said Ripple helped stop about USD 200 million from moving; TRM reports a 40.5M RLUSD freeze; the sources do not say whether the figures measure the same thing.
Binance co-CEO Yi He said Ripple helped stop about USD 200 million from moving; TRM has confirmed the 40.5 million RLUSD freeze onchain.
Reviewer note: Yi He's figure is Binance's side of a disagreement: TRM confirmed 40.5 million RLUSD frozen on-chain.
ReportedresponseClaim 241
Binance confirmed a security incident and suspended withdrawals on several networks, stating that user funds are safe.
Binance said it was investigating a potential security issue, then said it had temporarily suspended withdrawals on multiple networks as a precaution. Binance has said user funds are safe.