The Federal
Bureau of Investigation (FBI) has traced over $40 million worth of
Bitcoin (BTC) stolen this week to Lazarus Group, a hacking group linked to the North
Korean government. The group, which uses malicious applications to target
cryptocurrency companies and individuals, is also known as Trader-Traitor.
In a
statement released yesterday (Tuesday), the FBI noted that approximately 1,580
BTCs were stolen and are currently being held in six BTC addresses. The US domestic
intelligence and security service added that the group may attempt to cash out
the stolen digital asset.
Furthermore, the agency pointed out that hackers from the group are behind several significant crypto thefts recorded in recent
months. These include the heist of $60 million in digital assets from Alphapo,
the $37 million stolen from CoinsPaid, and a $100 million theft from Atomic
Wallet, all of which were carried out in June this year.
“The FBI
previously provided information on their attacks against Harmony’s Horizon
bridge and Sky Mavis’ Ronin Bridge, and provided a Cybersecurity Advisory on
TraderTraitor,” the FBI added.
In the
statement, the intelligence agency also called on blockchain companies to
scrutinize the blockchain records of the BTC addresses. It further urged
private companies to exercise caution in order to avoid transactions that are
directly or indirectly linked to the addresses.
“The FBI
will continue to expose and combat the DPRK’s use of illicit
activities—including cybercrime and virtual currency theft—to generate revenue
for the regime,” the FBI added.
The Federal
Bureau of Investigation (FBI) has traced over $40 million worth of
Bitcoin (BTC) stolen this week to Lazarus Group, a hacking group linked to the North
Korean government. The group, which uses malicious applications to target
cryptocurrency companies and individuals, is also known as Trader-Traitor.
In a
statement released yesterday (Tuesday), the FBI noted that approximately 1,580
BTCs were stolen and are currently being held in six BTC addresses. The US domestic
intelligence and security service added that the group may attempt to cash out
the stolen digital asset.
