Reportedroot causeStatement 458
Binance wallets on the other nine chains sent funds to the attacker through ordinary signed transfers.
TRM Labs said that on the nine chains other than Ethereum, Binance wallets sent funds to the attacker through ordinary signed transfers.
This line is our short summary of the quote below. The quote is the evidence.
Cited in theories
- EIP-7702 caused the hack: Evidence against. Other chains used ordinary signed transfers.
- The Ethereum authorizations were phished: Evidence against. Other chains used ordinary signed transfers.
Other statements from the same source
Reportedroot causeStatement 303
TRM Labs said early indicators suggested the attacker had phished the Ethereum authorizations, but that this leaves the other chains unexplained.
Early indicators on the Ethereum activity suggested the attacker had phished the authorizations. That explanation covers Ethereum and leaves the other chains unexplained.
ReportedattributionStatement 302
TRM Labs attributed the attack to TraderTraitor, which it called North Korea's elite hacking unit, with high confidence.
North Korea’s elite hacking unit, based on robust on and off-chain intelligence. We make this judgment with high confidence.
Reportedroot causeStatement 301
TRM Labs said preparation began at least 36 hours before the theft, with the operator wallet receiving three small Tornado Cash withdrawals from the morning of 28 October.
Preparation began at least 36 hours before the theft. The attacker's operator wallet received three small withdrawals from Tornado Cash, a service that obscures where crypto comes from, starting the morning of October 28.
ReportedfreezeStatement 243
Binance co-CEO Yi He said Ripple helped stop about USD 200 million from moving; TRM reports a 40.5M RLUSD freeze; the sources do not say whether the figures measure the same thing.
Binance co-CEO Yi He said Ripple helped stop about USD 200 million from moving; TRM has confirmed the 40.5 million RLUSD freeze onchain.
ReportedresponseStatement 241
TRM Labs wrote that Binance said it was investigating a potential security issue, then said it had temporarily suspended withdrawals on multiple networks as a precaution, and that Binance has said user funds are safe.
Binance said it was investigating a potential security issue, then said it had temporarily suspended withdrawals on multiple networks as a precaution. Binance has said user funds are safe.