Security· ★★★· bearish·

MistTrack traces Binance theft route to Phemex-linked address

  • —MistTrack said onchain records corroborate the wallet transfers and ETH receipts
  • —The shared destination does not establish who carried out the two thefts
  • —ZachXBT previously linked the Binance hack to North Korea's Lazarus group
Why it matters: The Phemex link widens the picture of the attacks and could aid tracing and freezing of stolen funds.
Source: The Defiant