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Binance Reveals How Fake Job Interviews and AI Tool Abuse Led to $6.43 Billion Theft

Binance on Tuesday said the record-setting theft of $6.43 billion in assets from the world's largest cryptocurrency exchange was the culmination of a "sophisticated, multi-stage campaign" that involved the use of a tampered Homebrew installation and recruitment-themed social engineering attack targeting two of its engineers.

Binance Reveals How Fake Job Interviews and AI Tool Abuse Led to $6.43 Billion Theft

"It was not a single isolated breach or a simple phishing incident," Cryptocurrency giant Binance said North Korean hackers used a months-long attack involving multiple company employees to stage its headline-grabbing theft of $6.3 billion last week. The company released a post-mortem on Tuesday morning, outlining a campaign that dates back to June and involved the compromise of multiple employee devices. Binance CEO Richard Teng called it a “months-long campaign” that wasn’t the result of “one mistake or one breach.”

“Our current investigation indicates that this was a sophisticated, multi-stage campaign. It was not a single isolated breach or a simple phishing incident,” Binance said.

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