By Townhall Chicago News Staff
The FBI accused North Korean hackers of stealing more than $6 billion from a cryptocurrency exchange, Fox News correspondent Paul Stevens said Sunday.
The bureau is calling the activity “Trader Trader” and has observed actors converting the stolen assets, which are expected to be laundered further, Fox News correspondent Madeline Rivera said.
“FBI is referring this specific North Korean malicious cyber activity as ‘Trader Trader.’ The FBI says it has observed Trader Trader actors converting stolen assets. It is expected these assets will then be further laundered,” Rivera said.
Correspondents did not name the cryptocurrency exchange that was targeted or describe how the funds were taken. The operation name reported on air, “Trader Trader,” differs from “TraderTraitor,” a previously disclosed FBI designation for North Korean cyber activity targeting cryptocurrency firms.
No additional details on the investigation were provided during the broadcast.
