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TRM stated that several features of the attack match earlier North Korea-linked heists, including the Bybit hack.

This line is our short summary of the quote below. The quote is the evidence.

ReportedattributionStatement 48

"Several features of this attack match earlier North Korea-linked heists, including the Bybit hack," TRM said.

Speaker
TRM Labs
Publisher
npr.org (News media)
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Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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Other statements from the same source

Reportedroot causeStatement 331

NPR reported that Kok Tin Gan of NyxLab said the event raises questions about why stronger approval controls were not in place.

The event, meanwhile, also raises questions about why stronger approval controls were not in place, said Kok Tin Gan, cofounder and CEO of cybersecurity firm NyxLab.

Speaker
Kok Tin Gan
Publisher
npr.org (News media)
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Theoryroot causeStatement 53

The speaker said this looks like one signature that gave the attacker a never-expiring, full-access token to a Binance hot wallet.

"This looks like one signature that gave the attacker a never-expiring, full-access token to a Binance hot wallet," he said, referring to cryptocurrency wallets that hold users' "private keys," or unique authorizations, digitally and which are connected to the internet.

Speaker
Kok Tin Gan
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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ReportedresponseStatement 52

The speaker said that he does not manage Binance anymore but, as a shareholder, expects all user funds will be fully covered.

He added that while he doesn't manage Binance anymore, "as a shareholder, I expect all user funds will be fully covered."

Speaker
Changpeng Zhao
Publisher
npr.org (News media)
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Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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ReportedresponseStatement 50

A Binance spokesperson said the company is working closely with law enforcement partners to confirm the identity of the criminals and bring them to justice.

Asked about the potential ties to North Korea, a Binance spokesperson said only that the company is "working closely with our law enforcement partners to confirm the identity of the criminals and bring them to justice."

Speaker
Binance spokesperson
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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ReportedattributionStatement 49

Jonathan Levin, co-founder and CEO of Chainalysis, wrote that the Binance hack was likely done by DPRK group TraderTraitor.

Blockchain analysis company Chainalysis also believed the Binance hack was "likely done by DPRK group TraderTraitor," its co-founder and CEO Jonathan Levin wrote on X.

Speaker
Jonathan Levin
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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