Lazarus Group News

North Korean Hackers Stalk Crypto Startups Scrimping on Security

It’s every cryptocurrency project’s nightmare: Well-resourced hackers — perhaps backed by a rogue state like North Korea — strike out of nowhere, dismantling cyber defenses and making off with millions of dollars in customer funds. Many crypto outfits, large and …

Blockchain Analysts Suspect N. Korea-Linked Hackers Behind $70M Crypto Theft

Blockchain researchers say North Korea-linked hackers are likely behind a $70 million theft from crypto exchange CoinEx. CoinEx, which says it is based in Hong Kong, said on Tuesday on social media platform X, formerly known as Twitter, that wallets …

Tornado Cash Founders Charged by US in Money Laundering Scheme

Two founders of Tornado Cash, a cryptocurrency mixing service that has been under scrutiny by various US agencies for more than a year, were charged with helping launder more than $1 billion for clients that included a North Korean cybercrime …

Fake Job Offer Opened Door to Suspected North Korean Crypto Hack

In late July, a programmerat Estonia’s CoinsPaid, the world’s biggest crypto payment provider, met over video link with a recruiter who had reached out on LinkedIn with a lucrative job offer. During the 40-minute job interview, the engineer was asked …

FBI Says N. Korea-Related Hacker Group Behind Crypto Firm Heist

A hacker group associated with North Korea, the Lazarus Group, also known as APT38, was responsible for the theft last June of $100 million from U.S. crypto firm Harmony’s Horizon bridge, the Federal Bureau of Investigation said on Monday. On …

U.S. Imposes Sanctions on Virtual Currency Mixer Tornado Cash

The United States on Monday imposed sanctions on virtual currency mixer Tornado Cash, accusing it of helping hackers, including from North Korea, to launder proceeds from their cyber crimes. A senior Treasury Department official said Tornado Cash, one of the …