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FBI Ties $6.3 Billion Crypto Hack to North Korea | Markets & Money News

The FBI has linked the record $6.3 billion theft from Binance to a North Korean hacking group named TraderTraitor. Collaborating with the Secret Service and IRS, the FBI is tracking the movement of the stolen assets, with hackers turning many coins into Ethereum for laundering. In response, Binance has managed to recover about 90% of the funds and aims to restore customer withdrawals soon. This breach raises significant concerns about crypto security and may impact trust in digital assets amid

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