Hackers used fake job applications to breach Binance for multibillion-dollar theft
Hackers stole 6.3 billion dollars from the cryptocurrency exchange Binance after tricking an employee into downloading malicious software during a fake job interview. The FBI has identified the North Korean hacking group TraderTraitor as the responsible party for this record-breaking theft. Binance has pledged to use its own funds to compensate all victims affected by the security breach.
Hackers recently executed a massive cyberattack on the cryptocurrency exchange Binance, stealing approximately 6.3 billion dollars in digital assets. The breach originated after an employee fell victim to a fake job application scheme. During a fraudulent video interview, the employee was tricked into downloading a file containing malicious code onto their company laptop, which allowed the attackers to infiltrate Binance's internal systems. By leveraging an internal AI tool, the hackers gained access to user wallets and transferred billions of dollars to their own accounts. This incident surpasses the previous record theft at Bybit in 2025, which saw 1.5 billion dollars stolen. In response to the breach, Binance has committed to fully compensating all affected users using the company's own financial reserves to cover the massive losses. The United States Federal Bureau of Investigation has attributed the sophisticated attack to the North Korean state-affiliated hacking group known as TraderTraitor. While the FBI continues its investigation into the intrusion, North Korean officials have officially denied any involvement in the digital heist.
Based on reporting by nu. Translated and condensed by LocalHeadlines.
