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Source:
CNN
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Stolen Crypto Hot Potato
After Binance, the world’s largest cryptocurrency exchange, suffered a hack involving more than $6 billion on Thursday, evidence pointed to North Korean hackers. Former crypto thief Ilya Lichtenstein told CNN that laundering stolen funds is harder than breaking into an exchange, as investigators can trace blockchain transactions and move quickly to freeze assets; he warned that AI could accelerate both attacks and the movement of funds. Binance said Saturday it had covered 90% of customers’ stolen funds and was on track to resume withdrawals within its previously stated timeframe.
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