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PYMNTS· PYMNTS·· 15 hours agoSelectedAI score70

Hackers accused of attacking Binance use AI to find high-value crypto targets

Binance Hackers Employ AI to Hunt High-Value Crypto Targets

AI brief

AI-assisted source summary · not independently verified. Content standards

PYMNTS, citing Bloomberg, reports that TraderTraitor, a North Korea-linked group accused of attacking Binance, may be using AI to identify high-value crypto firms and carry out large-scale theft. The FBI says it was involved in a Binance hack involving $6.3 billion; Elliptic says the funds were transferred and laundered in a highly automated manner in less than four days, through approximately 12,000 wallets, 11 blockchains, and more than 40,000 transactions.

Why it matters

The article brings AI-assisted target selection and automated money laundering together in one case, providing the number of wallets, blockchains, and transactions to help readers understand the scale of the attack and the pressure on governance.

Source:PYMNTS · pymnts.com