Lazarus Group Holds $47 Million Cryptocurrency in Bitcoin: Data

Writer: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

Sep 25, 2023 11:16

A North Korean hacking group, the Lazarus Group, holds round $47 million in cryptocurrency, primarily Bitcoin, in line with information collated on Dune Analytics. Surprisingly, the group doesn’t maintain any privateness cash, that are a lot more durable to hint. The group has been implicated in quite a few assaults, together with the Stake.com hack and the CoinEx assault, which resulted within the lack of at the very least $55 million. Nevertheless, in line with Chainalysis, North Korea-linked hackers will likely be accountable for 80% fewer crypto thefts in 2023 than within the earlier 12 months. US federal authorities not too long ago warned of the “important danger” of Lazarus Group attacking healthcare and public well being sector entities.