Lazarus Group

North Korea, helped by the infamous hacking syndicate Lazarus Group, has quietly become one of the biggest holders of Bitcoin (CRYPTO: BTC). What Happened: The attacker possessed around 13,518 BTCs as of this writing, worth $1.16 billion, according to on-chain analytics platform Arkham. The stash...

The cryptocurrency industry has seen a significant increase in North Korean state-sponsored hackers intensifying their efforts to pilfer digital assets over the past year. These sophisticated cyberattacks have resulted in billions of dollars in losses, raising serious questions about the security...

In a major revelation, the notorious North Korean hacker group, Lazarus, is suspected of laundering over $35 million from the infamous hack of Japanese cryptocurrency exchange DMM Bitcoin. What Happened: According to on-chain detective ZachXBT, the hackers behind the $305 million exploit allegedly...

Alexey Pertsev, a developer associated with Tornado Cash, has been convicted of money laundering by the s-Hertogenbosch court in the Netherlands. What Happened: The court sentenced Pertsev to 64 months in prison following a verdict on Tuesday, Coindesk reported. The 31-year-old Russian national...

In defiance of U.S. sanctions, North Korean hackers have reportedly laundered $13 million worth of ether (CRYPTO: ETH) through a sanctioned cryptocurrency mixer, Tornado Cash. What Happened: The Lazarus Group, a North Korean cybercrime organization, used Tornado Cash to launder...

In 2023, Kim Jong Un‘s North Korea-linked hackers targeted a record number of cryptocurrency platforms, stealing over $1 billion in assets, according to a recent report. What Happened: The blockchain analytics firm Chainalysis reported that North Korea-affiliated hackers attacked 20...

Lazarus Group, the North Korea-based hacking collective, accounts for a huge $47 million in cryptocurrency theft which includes Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) ($1.9 million), BNB (CRYPTO: BNB) ($1.1 million) and some stablecoins ($640,000) including Binance USD (CRYPTO: BUSD), as...

With criminals constantly adapting their tactics to stay ahead of law enforcement, a new report highlighted a significant shift in the methods used by bad actors to launder illicit crypto assets. The study, by crypto analytics firm Elliptic, revealed the value of illicit crypto...

The cryptocurrency world is under escalating cybersecurity threats, as evident from three significant incidents involving Binance (CRYPTO: BNB), Ethereum (CRYPTO: ETH) and a revealing FBI alert concerning the Stake.com theft. Leading this wave of cyber threats is a recent debacle at crypt...

The Federal Bureau of Investigation has named the North Korea-affiliated Lazarus Group as the perpetrator of a $41-million virtual currency theft from Stake.com, a prominent online casino and betting platform. What Happened: The heist, which took place around Sept. 4, is just one in...

The founders of Tornado Cash, Roman Storm and Roman Semenov, have been indicted for allegedly operating a cryptocurrency mixer that laundered more than $1 billion, including funds from the notorious North Korean cybercrime group, Lazarus Group. U.S. Attorney Damian Williams said that Tornado...

The Federal Bureau of Investigation (FBI) has raised a red flag for cryptocurrency entities, revealing that North Korean hackers are poised to cash out Bitcoin (CRYPTO: BTC) valued at more than $40 million.  This development comes in the wake of the FBI's identification of recent...

Cryptocurrency wallet provider Atomic Wallet and its proprietor, Konstantin Gladych, are in the midst of a lawsuit due to a $100 million security breach allegedly executed by the Lazarus Group. The individuals behind the lawsuit, representing themselves as well as other patrons of Atomic Wallet,...

A new report by a cyber-intelligence company challenges the perception of North Korean hackers solely engaged in financially motivated cybercrimes and cryptocurrency heists. Instead, the report reveals that their primary focus lies in cyber-espionage and information collection. What Happened: The...

North Korea-based cybercriminals are making inroads into Japanese cryptocurrency reserves, pilfering an estimated $721 million since 2017, according to Nikkei Asia researchers. This staggering amount represents 30% of total global cryptocurrency losses during this period. These rogue...