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North Korea’s $1.4B Bitcoin Haul From Binance Hack Remains Untouched

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: On Oct. 29, during the Binance hack, approximately 18,270.2 BTC worth $1.4 billion was stolen, with the Federal Bureau of Investigation (FBI) subsequently identifying the Democratic People’s Republic of Korea (North Korea) as the principal perpetrator. The stolen bitcoin remains untouched, dispersed across 19 separate wallets to this day. Unlike the other compromised assets, the […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Unmoved stolen BTC avoids an imminent $1.4B sell wave, but causes no major market catalyst.

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North Korea’s $1.4B Bitcoin Haul From Binance Hack Remains Untouched — Crypto Insight