Blockchain
No proof of AI in North Korean hackers move of stolen Binance funds
Publication: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Author: Olivier Acuna
Source published: 02/11/2026, 11:57:45 UTC
Briefing created: 02/11/2026, 12:11:22 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 02/11/2026, 12:10:24 UTC.
Briefings
Elliptic investigation revealed North Korean hackers used automated scripts instead of artificial intelligence to execute stolen Binance funds, analyzing thousands of transactions between 2024 and 2026. The team identified repetitive transaction patterns and failed swaps indicative of script-based automation rather than human or AI-driven decision-making.
Key points
- Elliptic tracked thousands of transfers, failed swaps, and repeated transactions suggesting hackers relied on scripts rather than AI agents.
- The investigation covered the period from 2024 to 2026, identifying specific transaction patterns and failed swaps indicative of automated scripts.
Context
Elliptic analyzed transaction history to determine if North Korean hackers utilized artificial intelligence for fund movements, revealing a shift from human or AI-driven scripts to simple automated scripts.
Limitations
Analysis covered only the period from 2024 to 2026; specific dates and transaction details remain unverified without further confirmation from the source.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 02/11/2026, 12:11:22 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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