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North Korea steals billions from crypto exchange

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Hackers steal much money from the crypto exchange Binance. They take over 6 billion dollars. This is a new record. The US police say: North Korea does this attack. The hacker group is TraderTraitor. It belongs to the Lazarus group.

The hackers change the loot into digital money. So they wash the money. The police block many internet addresses. Other firms send no money to these addresses. The hackers use the laptop of a worker.

Binance is the biggest exchange for digital money. The firm says: Users lose no own money. Binance pays 90 percent of the sum. Customers get money back soon.

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Definitions

Crypto exchange
A digital market in the internet. People buy or sell digital money there.
Hackers
Persons who break into computers. They want to steal money.
Wash
A way to hide illegal money so it looks legal.

People

Donald Trump
He is the president of the United States of America.

Locations

North Korea
A country in Asia that does many computer attacks.

Sources

Logo The Guardian
The Guardian

Binance says 90% of losses from $6.3bn hack covered as FBI says North Korea behind attack

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Logo Al Jazeera
Al Jazeera

FBI blames North Korea for record $6.3bn crypto heist

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Logo FAZ
FAZ

Business-Liveticker: Kryptobörse Binance: 90 Prozent der gestohlenen Summe abgesichert | FAZ

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Logo VOL
VOL

FBI: Nordkorea hinter Krypto-Diebstahl bei Binance

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Logo FAZ
FAZ

FBI macht Nordkorea für Milliardendiebstahl bei Binance verantwortlich

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Logo ZDFheute
ZDFheute

Binance Kryptobörse: Nordkorea laut FBI hinter Hackerangriff

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Logo Spiegel
Spiegel

Binance: FBI macht Nordkorea für Milliardenraub bei Kryptobörse verantwortlich

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