Posted on 01/24/2023 10:41:55 AM PST by Red Badger
The FBI said it was “able to confirm” that Lazarus Group and APT38, two hacking groups linked to North Korea, were responsible for the attack on the so-called Horizon bridge last year.
Hackers stole $100 million worth of cryptocurrencies in the attack on the Horizon bridge, which traders use to swap digital tokens between different blockchain networks.
The FBI also said that the North Korean cyber actors this month used the Railgun system to launder over $60 million worth of the token ether stolen during the June 2022 heist.
The FBI claims North Korea-linked hackers were behind a $100 million crypto heist on the so-called Horizon bridge last year.
The FBI claims North Korea-linked hackers were behind a $100 million crypto heist on the so-called Horizon bridge last year.
North Korean-linked actors were behind the theft of $100 million through the hack of a crypto product last year, the Federal Bureau of Investigation said.
The FBI said it was “able to confirm” that Lazarus Group and APT38, two hacking groups linked to Pyongyang, were responsible for the attack on the so-called Horizon bridge in 2022.
Traders use a bridge to swap cryptocurrencies between different blockchain networks.
The FBI also said that the North Korean cyber actors this month used the Railgun system to launder over $60 million worth of the token ether stolen during the June 2022 heist. Railgun is a system designed to help preserve the anonymity of people moving cryptocurrency.
A portion of the stolen ether was sent to several virtual asset service providers and converted to bitcoin, the FBI said.
At the time of the hack, blockchain analytics firm Elliptic said that there were “strong indications” that Lazarus was behind the attack. Almost immediately, the hackers were attempting to move the funds around through means to obfuscate their identity.
The FBI said it continues “to identify and disrupt North Korea’s theft and laundering of virtual currency, which is used to support North Korea’s ballistic missile and Weapons of Mass Destruction programs.”
North Korean-linked attackers have been pinned to other crypto hacks.
Last year, the U.S. Treasury Department blamed Lazarus for a $600 million heist on Ronin Network, a so-called “sidechain” for popular crypto game Axie Infinity.
- CNBC’s Ryan Browne contributed to this report
Riiiiight...
yeah...ask the d-bag that got rolled up!
Sorry FBI but you are all out of creds here. I don’t trust or believe anything you say.
[North Korea-linked hackers]
Only Gerard Butler can save us now...
They must have wiped the servers, like, with a cloth
OTOH the North Korean girl hacker was kinda cute but she got blown up in the helicopter, so..........
Looks like crypto is as goos an idea as I thought it would be when I first read about it.
If it’s crypto, how can they tell somebody stole it?..................
They probably print as many American $100 bills as we do, so sure, why not. How is cash any more secure than crypto?
The “alt coin” trading world is sketchy at best.
NK = China
Gerard is busy with a plane incident now…
only a five-year-old believes any of this
Terminate their internet, cancel their IP addresses, and bomb their infrastructure for good measure. Tired of this shit from this trash country
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