FBI says North Korean hackers preparing to cash out after high-profile crypto hacks

and job offers, and preparing to cash out with more than $40 million in stolen funds over multiple high-profile hacks, the FBI warned recently. Blockchain analysis employs the usage of thinly traded powerful cryptocurrencies and crypto assets connected to the robbery of hundreds of millions of dollars worth of digital tokens by North Korea backed group Lazarus, also known as APT-38 and “TraderTraitor”. The cryptos are realized with an array of gradually affecting crypto heists, such as the June atomic wallet heist which recorded 5,500 users with the damage worth over $100 million. Private blockchain analysis and risk capacity fellowship Elliptic says with high pledge that Lazarus Group is indeed responsible. Virtual currency over $60 million stolen together with online crypto payment platform AlphaPo and $37 million from wallet provider CoinsPaid, stung by hackers luring workers via Linkedln with profitable offers prior to the download of malware. Since 2018, North Korean hackers have snatched up to approximately $2 billion in cryptocurrencies, valid from over 30 data breaches and almost a billion in 2022, as checksum revealed by Crypto feasibility outfit TRM Labs reveals. Lazarus bagged more than 20% with near $200 million on its notoriety mantle in 2023. The FBI has consequently waived up a $10 million reward prospect for anyone with statistic concerning the sect members.

Robert Wilson author
Articles: 12195