Hackers from Lazarus Group from North Korea posed as macOS engineers and convinced actual engineers to download the malware and infect the exchange in April.
North Korea shows no sign of slowing its ‘crypto’ hacking operations and is increasing its use of Russian digital asset exchanges to launder its ill-gotten gains.
Lazarus Group, linked to a $55 million CoinEx hack, exposed its trail, with experts tracking their cybercrime spree, now exceeding $1 billion.
The bill aims to cut the funding of Pyongyang's weapons programs through digital assets following the consultations of South Korean government ministries to bolster its sanctions against the North.
In this paper, Dr. Craig Wright aims to provide a comprehensive overview of the diverse aspects related to cybercrime, including its historical context, demographic and geographic dimensions, environmental influences, and preventive strategies.
The two co-founders of the Ethereum-based mixer Tornado Cash were charged by the U.S. Department of Justice with money laundering and sanction violations after they allegedly helped launder $1 billion.
The group of investors from Russia who lost $12 million are suing Atomic Wallet for failing to inform them or the authorities about the $100 million hack.
A state-sponsored North Korea hacking group reportedly broke into the systems of JumpCloud, a Colorado-based IT management firm that helps network administrators manage devices and servers, according to Reuters.
Atomic Wallet users claimed that the platform and its CEO, Konstantin Gladych, knew about the system's vulnerability as early as 2022 but failed to take appropriate action, which led to huge losses.
Atomic Wallet was hacked earlier this month in an attack it claimed only affected 1% of users, and Elliptic reports that the Lazarus Group is laundering the money through the Garantex exchange.
Japan accounted for 30% of digital assets stolen globally, and Elliptic’s research traced them to Lazarus Group, the hacking group with links to North Korea.