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Binance Attributes $6.34 Billion Theft to Social Engineering; North Korea Denies Involvement

Binance has attributed a reported $6.34 billion theft to hackers who allegedly targeted an engineer with a fake job interview and a malicious download. According to the exchange, the social-engineering campaign provided the attackers with an initial foothold in its systems.

The incident has not been independently described in the supplied reports, and the scale of the alleged loss remains subject to the available reporting. North Korea has denied being behind the attack, while Binance has identified the suspects as North Korean attackers.

Sources