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Lichtenstein says the Binance hot-wallet hack echoed North Korean tactics

The Cryptonomist BTCETH Bearish

Binance's hot-wallet hack on October 29, 2026 involved about $6.34 billion in assets. Ilya Lichtenstein compared its tactics to North Korean operations, and the FBI reportedly tied the breach to the TraderTraitor group, though North Korea's role is not confirmed. The scale of the theft and the exchange security concerns are a risk factor for traders.

Read the full story on The Cryptonomist