1 year ago
The North Korean hacking corporate has astatine slightest $47 cardinal successful cryptocurrency, including Bitcoin, Ether, Binance Coin and assorted stablecoins, including Binance USD.
North Korean hacking corporate Lazarus Group holds a whopping $47 cardinal successful cryptocurrency, astir of which is successful Bitcoin (BTC), caller information shows.
According to information collated connected Dune Analytics from 21.co — the genitor institution of 21Shares — wallets associated with the Lazarus Group presently clasp astir $47 cardinal worthy of integer assets, including $42.5 cardinal successful Bitcoin, $1.9 cardinal successful Ether (ETH), $1.1 cardinal successful Binance Coin (BNB) and an further $640,000 successful stablecoins, chiefly BUSD.
However, the magnitude of crypto held appears to person dropped from the $86 cardinal the radical held connected Sept. 6, a fewer days aft the Stake.com hack successful which Lazarus was implicated.
The Dune dashboard tracks 295 wallets identified by the U.S. Federal Bureau of Investigation (FBI) and Office of Foreign Assets Control (OFAC) arsenic being owned by the hacking group, it noted.
Lazarus Group crypto holdings. Source: Dune AnalyticsSurprisingly, the radical does not clasp immoderate privateness coins specified arsenic Monero (XMR), Dash, oregon Zcash (ZEC) which are arguably overmuch harder to trace.
Meanwhile, Lazarus crypto wallets are inactive highly progressive with the astir caller transaction being recorded connected September 20.
21.co besides noted that the group’s holdings are apt to beryllium overmuch higher than what has been reported. “We should enactment that this is simply a lower-bound estimation of Lazarus Group’s crypto holdings based connected publically disposable information,” it stated.
Related: 3 steps crypto investors tin instrumentality to debar hacks by the Lazarus Group
On September 13, Cointelegraph reported that the Lazarus radical carried retired the onslaught connected crypto speech CoinEx, which mislaid astatine slightest $55 million.
The FBI has besides fingered Lazarus for the Alphapo, CoinsPaid, and Atomic Wallet hacks, which collectively added up to much than $200 cardinal that the radical stole successful 2023.
However, Chainalysis reported that crypto thefts by North Korea-linked hackers are down a whopping 80% from 2022. As of mid-September, North Korea-linked groups had stolen a full of $340.4 cardinal successful crypto, down from a grounds $1.65 cardinal successful pilfered integer assets successful 2022.
Late past week, United States national authorities warned of "significant risk" for imaginable attacks connected U.S. healthcare and nationalist wellness assemblage entities by the Lazarus Group.
Magazine: $3.4B of Bitcoin successful a popcorn tin: The Silk Road hacker’s story
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