Lazarus Could Dump $41 Million In Stolen Bitcoin, FBI Says

1 year ago
  • Six addresses clasp 1,580 Bitcoin (BTC) stolen by the North Korean-backed hacker radical Lazarus.
  • The FBI said the assets originated from attacks connected crypto entities similar Alphapo, CoinsPaid, and Atomic Wallet.
  • Authorities antecedently attributed large hacks connected DeFi bridges Harmony and Ronin to Lazarus.
  • The FBI warned that the TraderTraitor-affiliated actors Lazarus and APT38 could liquidate their BTC for $40 cardinal astatine existent marketplace prices.

The U.S. Federal Bureau of Investigation (FBI) alerted crypto companies of $41 cardinal successful stolen Bitcoin (BTC) controlled by North Korean “TraderTraitor-affiliated actors” known arsenic Lazarus and APT38.

According to the FBI’s statement connected Tuesday, Lazarus could determination to currency successful connected 1,580 BTC heisted from respective crypto work providers successful 2023. The FBI attributed hacks connected Alphapo, Atomic Wallet, and CoinsPaid to the Democratic People’s Republic of Korea (DPRK) funded hacker organizations.

Thefts from Alphapo, Atomic Wallet, and CoinsPaid resulted successful losses worthy astir $200 cardinal successful total, per on-chain analysts and the FBI.

🧐The FBI has traced 1,580 bitcoins, worthy much than $40 million, stolen by North Korean hacking groups (Lazarus Group and APT38), stored successful six addresses. The stolen funds included $60 cardinal from #Alphapo and $37 cardinal from #CoinsPaid.👀

Here is our erstwhile analysis👇… https://t.co/zB8nmjET7y

— SlowMist (@SlowMist_Team) August 23, 2023

FBI investigators warned crypto companies to enactment wide of the stolen cryptocurrencies tracked to six Bitcoin addresses –

  1. 3LU8wRu4ZnXP4UM8Yo6kkTiGHM9BubgyiG
  2. 39idqitN9tYNmq3wYanwg3MitFB5TZCjWu
  3. 3AAUBbKJorvNhEUFhKnep9YTwmZECxE4Nk
  4. 3PjNaSeP8GzLjGeu51JR19Q2Lu8W2Te9oc
  5. 3NbdrezMzAVVfXv5MTQJn4hWqKhYCTCJoB
  6. 34VXKa5upLWVYMXmgid6bFM4BaQXHxSUoL

Lazarus Drained $2 Billion From Crypto

DPRK’s Lazarus remains a stalwart exploiter of the nascent crypto manufacture with an estimated $2 cardinal stolen by the illicit organization, per an Elliptic report. Indeed, respective onslaught vectors similar societal engineering, DDos, and phishing scams person been employed by the cybercriminal radical against DeFi protocols and crypto entities.

DeFi analysts and the FBI concur that Lazarus was liable for the $650 cardinal hack connected Sky Mavis’ Ronin Bridge. The incidental remains 1 of the largest hacks successful crypto history.

Suspected North Korean hackers besides stole $100 cardinal from Harmony’s Horizon Bridge and different $100 cardinal from Atomic Wallet, a crypto wallet provider.

“The FBI volition proceed to exposure and combat the DPRK’s usage of illicit activities—including cybercrime and virtual currency theft—to make gross for the regime.” said national investigators from the FBI connected Tuesday.

Lazarus Could Dump $41 Million In Stolen Bitcoin, FBI Says 12BTC/USDT by TradingView
View source