🇰🇵👺 ❌🚗👤 — ZachXBT suspects Lazarus behind Binance hack
➡️ Well-known on-chain tracking blogger ZachXBT speculates that the perpetrator behind this attack on Binance, which stole $5.875 billion, is the Reconnaissance General Bureau of the North Korean People's Army's General Staff Department, which manages the subordinate Lazarus Group.
➡️ The organization's track record of thefts in this field
🇯🇵 Japan's DMM Exchange, approximately $300 million
🇮🇳 India's WazirX Exchange, approximately $230 million
🇨🇳 Chinese Bybit Exchange, approximately $1.5 billion
🇨🇳 On-chain protocol Kelp DAO, approximately $292 million
🇨🇳 Chinese Bitget Exchange, approximately $380 million
📝 Although Binance has recovered half of the assets, Bitcoin, Ethereum, and the like pose recovery challenges. The hacker's ultimate goal is to funnel the assets into North Korea to bolster national construction.
➡️ Well-known on-chain tracking blogger ZachXBT speculates that the perpetrator behind this attack on Binance, which stole $5.875 billion, is the Reconnaissance General Bureau of the North Korean People's Army's General Staff Department, which manages the subordinate Lazarus Group.
➡️ The organization's track record of thefts in this field
🇯🇵 Japan's DMM Exchange, approximately $300 million
🇮🇳 India's WazirX Exchange, approximately $230 million
🇨🇳 Chinese Bybit Exchange, approximately $1.5 billion
🇨🇳 On-chain protocol Kelp DAO, approximately $292 million
🇨🇳 Chinese Bitget Exchange, approximately $380 million
📝 Although Binance has recovered half of the assets, Bitcoin, Ethereum, and the like pose recovery challenges. The hacker's ultimate goal is to funnel the assets into North Korea to bolster national construction.