PhoTime
Nov 1, 2:53 AM
🚨 BREAKING: The FBI has officially confirmed North Korea’s state-sponsored hacking unit, TraderTraitor (Lazarus Group), is behind the historic
$6.3 BILLION Binance hack, the largest heist in financial history.
The Breach: Over
$6.3B was drained from hot wallets across 10 blockchains in just 20 minutes after an engineer's laptop was compromised.
Recovery & Safety: ~
$3B in stolen funds have already been frozen with the help of industry partners. Binance pledged to cover all user losses, has already replenished 90% of the stolen assets, and plans to resume withdrawals Nov 1 ahead of a full Proof of Reserves on Nov 2.
Market Impact: The shockwave triggered immediate volatility across the market, sending Bitcoin below
$80K as attackers began swapping stolen funds into Ethereum for laundering.
Stay vigilant and keep your eyes on exchange liquidity and crypto-linked equities as markets react.
$COIN $MSTR $HOOD $MARA $RIOT
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