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North Korean Hackers Lazarus Group Holds Over $46,000,000 in Bitcoin, Ethereum and Other Crypto: On-Chain Data

September 27, 2023
in Altcoin
Reading Time: 2 mins read
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The North Korean hacker collective the Lazarus Group holds tens of tens of millions of {dollars} price of Bitcoin (BTC) and different digital property, in keeping with the most recent on-chain information.

Researchers at 21.co, the guardian firm of 21shares, the world’s largest crypto exchange-traded product (ETP) issuer, have created a brand new dashboard exhibiting the crypto holdings of the cybercrime group, which has reportedly pulled off big hacks on behalf of the North Korean authorities.

The info relies on 295 crypto wallets beforehand recognized as belonging to the Lazarus Group by the US Federal Bureau of Investigation (FBI) and Workplace of International Property Management (OFAC).

The most important hacks by the Lazarus Group up to now two years made off with a mixed $960 million, in keeping with 21.co.

The hacks embody:

“March 29, 2022: ~$620 million theft from Sky Mavis’ Ronin Bridge.
June 22, 2022: ~$100 million Concord’s Horizon Bridge hack.
June 2023: ~$100 million theft from Atomic Pockets.
July 22, 2023: ~$60 million theft from Alphapo.
July 22, 2023: ~$37 million theft from CoinsPaid.
September 4, 2023: ~$41 million theft from Stake.com.”

The researchers notice that the dashboard information is “a lower-bound estimation of Lazarus Group’s crypto holdings based mostly on publicly out there info.”

In line with the info, the Lazarus Group at the moment holds greater than $46 million price of digital property.

The highest holdings embody 1,600 Bitcoin with a price of $41.8 million, 1,200 Ethereum (ETH) with a price of $1.91 million and 5,000 Binance Coin (BNB) with a price of $1.06 million.

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Disclaimer: Opinions expressed at The Day by day Hodl will not be funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any loses you could incur are your accountability. The Day by day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please notice that The Day by day Hodl participates in internet affiliate marketing.

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Tags: BitcoinCryptoDataEthereumGroupHackersHoldsKoreanLazarusNorthOnChain
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