
FBI attributes theft to TraderTraitor group; Kim Yo-jong dismisses findings as political provocation
AI-generated summary
Binance reported a multi-stage cyberattack involving fake job interviews and an internal AI tool that resulted in the theft of more than $6 billion in digital assets last week. The FBI attributed the theft to North Korea's TraderTraitor hacking group, previously tied to other cryptocurrency thefts. Kim Yo-jong, sister of North Korean leader Kim Jong-un, dismissed the findings as a grave political provocation against Pyongyang.
Binance, the world's largest cryptocurrency exchange, said Tuesday that hackers used fake job interviews and an internal artificial intelligence (AI) tool in a cyberattack that resulted in the theft of more than US$6 billion in digital assets last week.
The U.S. Federal Bureau of Investigation's (FBI) has attributed the theft to North Korea, identifying the incident to a North Korean hacking group it calls TraderTraitor, a name previously tied to other cryptocurrency thefts.
In its latest findings, Binance said approximately $6.34 billion in digital assets were affected by a multi-stage operation that involved fake interviews and internal AI tool and suspected of being carried out as early as June.
"In September, a fake recruiter on a job platform ran video interviews and sent an 'assignment' repository carrying 0-day malware undetected by endpoint tools," the exchange said in a report.
According to Binance, the attacker used an internal AI tool on Oct. 20 as a springboard to reach a container deployment token and later deployed a container to trigger the attack.
Binance said it blocked 57 suspected North Korea-linked threats this year.
On Tuesday (Korean time), Kim Yo-jong, the powerful sister of North Korean leader Kim Jong-un, flatly dismissed the findings of the FBI, calling it a "grave political provocation" against Pyongyang.
The U.S. State Department reiterated concerns over North Korea's use of cybercrime to finance its weapons programs.
"The issue of DPRK cybercrime is a global problem that touches companies and jurisdictions around the world, including the United States," a U.S. State Department spokesman told Yonhap News Agency, referring to North Korea's official name, the Democratic People's Republic of Korea, when asked about the department's position regarding the North's latest claim.
AI outlook — possibilities, not facts
The U.S. will impose additional sanctions or take further action against North Korea-linked cyber actors
Likely · Within weeks
Binance will strengthen its internal security measures and AI tool controls
Very likely · Within days

While the digital asset-related bill pending in the National Assembly's Political Affairs Committee includes a clause holding virtual asset business operators liable for damages in the event of hacking, financial authorities are also reviewing no-fault compensation liability. In the wake of the Binance hacking incident, discussions on strengthening business responsibilities are accelerating.

The Financial Services Commission urgently convened domestic virtual asset exchanges in relation to the Binance hacking incident and requested measures to strengthen security, such as reviewing deregulation to limit rapid withdrawals in emergencies and increasing the proportion of cold wallets.

In order to strengthen the competitiveness of the domestic virtual asset market, arguments were raised at the National Assembly debate that taxation should be postponed and systems such as the Framework Act on Digital Assets should be reorganized as soon as possible.

Binance, the world's largest cryptocurrency exchange, which suffered hacking damage worth $6.3 billion, announced that it will gradually resume major cryptocurrency withdrawal services. Binance preserved 95% of the stolen assets with its own funds, and the US FBI identified a North Korean hacking organization as the mastermind.

After a $6.4 billion hacking incident occurred at Binance, the world's largest virtual asset exchange, global cryptocurrency companies such as Coinbase and Kraken began strengthening security and inspecting defense systems.

Bonanza Factory, a domestic blockchain company, analyzed that the theft of 8 trillion won worth of funds from Binance may have been the work of North Korea. Circumstances in which funds were mixed at the same address as the Bitget hacking incident were detected.