How TraderTraitor Pulled Off a $6.43B Heist and Where the Stolen Crypto Went
The U.S. Federal Bureau of Investigation (FBI) has publicly attributed the theft of $6.43 billion in virtual assets to TraderTraitor, a North Korea–linked hacking cluster. Working with the U.S. Secret Service and the IRS Criminal Investigation unit, investigators say the group converted a large share of the stolen funds into Ethereum and began moving assets through decentralized finance (DeFi) and instant-swap services as part of a multi-stage laundering effort. The…