Slow Fog's Yu Xian stated that the funds of the Binance hacker are associated with the stolen address of Phemex

According to monitoring by Yuxian, the founder of Slow Fog Technology, the funds of the Binance hacker are linked to the wallet addresses associated with the hacking incident of the cryptocurrency trading platform Phemex in early 2025. Yuxian stated that it was discovered at that time that the incident involved North Korean hackers.