The FBI said North Korea is responsible for a cyberattack involving an estimated $6.3 billion in digital assets from cryptocurrency exchange, Binance.

The FBI attributed the attack to North Korean hackers belonging to the TraderTraitor group.

Blockchain analysis firm TRM Labs had earlier linked the attack to the same group. According to TRM, the attackers moved most of the $6.3 billion within 20 minutes, apparently in an attempt to prevent the assets from being frozen.

The FBI said it had “observed TraderTraitor actors converting stolen assets” primarily into Ethereum.

“It is expected these assets will then be further laundered by converting them using DeFi and instant swap services as they prepare them for…