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Home/Crypto News/Highlight Clip: Bitfinex Hacker on Binance Hack: North Korean Hackers Target the Weakest Links
Highlight Clip: Bitfinex Hacker on Binance Hack: North Korean Hackers Target the Weakest Links
Crypto News

Highlight Clip: Bitfinex Hacker on Binance Hack: North Korean Hackers Target the Weakest Links

By Coin Gazette Editorial
November 4, 2026 1 Min Read
Comments Off on Highlight Clip: Bitfinex Hacker on Binance Hack: North Korean Hackers Target the Weakest Links

Bitfinex Hacker on Binance Hack: North Korean Hackers Target the Weakest LinksBitfinex hacker Ilya Lichtenstein told CNN on November 1 that the Binance hack resembled North Korean tactics targeting weak links. Attackers may phish employees into downloading malware instead of breaching exchange websites. He called the first 48 hours crucial for tracing stolen funds. AI agents speed transfers, but blockchain records remain traceable years later. Lichtenstein stole about 120,000 BTC from Bitfinex in 2016. He and his wife pleaded guilty to money laundering conspiracy in 2023. Sentenced to five years in 2024, he was released early in January 2026 and now says he works as a white-hat hacker.

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