North Korean Hackers Launder $242 Million in Two Days on Tron Chain
- Published:
- First detected:
Insights by Echo AI
North Korean hackers have laundered approximately $242 million in stolen funds from Binance through the TRON network in just two days. Over half of these funds were transferred via cross-chain protocols such as Relay and THORChain. The FBI has asked THORChain to intercept the hacker's address, but the node operator's stance remains unclear. Symbiosis has acknowledged vulnerabilities in its risk controls, and Elliptic analysis suggests that the hackers' automated currency exchange operations are highly scripted.
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