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Binance says hackers stole $6.3 billion using fake interviews and AI tools

1 reports1 sources3 days agoUpdated

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Binance co-CEO Richard Teng said hackers infiltrated internal systems through forged developer tools, fake job interviews, and malicious coding exercises, and used internal AI tools to obtain wallet transaction authorization, stealing more than $6 billion in assets from Binance in the October 29 attack. The FBI has linked the attack to the North Korean TraderTraitor group. Binance said it has replenished 98% of the $6.34 billion in affected assets and is still purchasing the remaining less-liquid assets; the company pledged to bear all customer losses and to use its own reserves to make up the affected assets. Binance also worked with Tether, Circle, Ripple, and others to freeze about $3 billion and has temporarily restricted some withdrawals.

AI overview based on source reports · Updated 3 days ago

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Nov 4
  1. Hacker News AI
    Binance says hackers used fake job interviews, AI tool to steal $6.3B

    Binance said hackers spent months infiltrating its wallet infrastructure through a fake developer tool in June and fake job interviews with a coding exercise containing malware in September, then moved through internal AI tools to breach the system authorizing wallet transactions in the Oct. 29 attack. Co-CEO Richard Teng said Binance has replenished 98% of $6.34 billion in affected assets and rebuilt the wallet system and internal AI tool, while the FBI has linked the attack to North Korean hackers tied to the TraderTraitor group.

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