FBI Says North Korea-Affiliated Group Responsible for $100 Million Crypto Hack
A hacking group associated with North Korea is responsible for stealing $100 million in cryptocurrency from the U.S. digital currency firm Harmony’s Horizon bridge, according to the FBI.
The Lazarus Group, also known by APT38, stole $100 Million from the U.S. business in June 2022. FBI said Monday.
Investigators also stated that this was what they found earlier in the month. “North Korean cyber actors used RAILGUN, a privacy protocol, to launder over $60 million worth of ethereum (ETH) stolen during the June 2022 heist.”
According to the FBI, the digital currency was used to support communist countries. production Ballistic missiles and weapons for mass destruction
Harmony, a California-based company, stated last June that the Horizon bridge used to transfer crypto was attacked by a heist. Reuters reported.
North Korea has a history Stealing cryptocurrency.
The Justice Department, for example, charged three North Korean men with stealing and extorting more than $1.3 million in money and cryptocurrency in 2011.
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