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North Korea-linked group suspected in Binance exploit

Original: Japan TODAY: Blockchain intelligence firms TRM Labs, Chainalysis, and Singapore-based Pangolin Intelligence reportedly s

Blockchain intelligence firms TRM Labs, Chainalysis, and Singapore-based Pangolin Intelligence reportedly suspect a North Korea-linked hacking group carried out the alleged Binance exploit. Investigators also report that some of the stolen funds were moved through the decentralised lending protocol Aave, as analysts continue tracing the attacker's on-chain movements.

Why now: Reports linking a major crypto exploit to a North Korea-linked group are drawing wide attention in the crypto and security communities.

BinanceTRM LabsChainalysisPangolin IntelligenceNorth Korea

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Evidence

• Japan TODAY: Blockchain intelligence firms TRM Labs, Chainalysis, and Singapore-based Pangolin Intelligence reportedly suspect a North Korea-linked hacking group was behind the alleged Binance exploit. Reports also suggest the attacker moved some stolen funds through @aave to · JapaneseCrypto · 46

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