The US Federal Bureau of Investigation (FBI) has warned that North Korean hackers may be looking to cash out over $40 million worth of Bitcoin (BTC). The FBI has identified two hacker groups, Lazarus Group and APT38, as responsible for the theft of millions of dollars worth of cryptocurrencies. The hackers have recently moved 1,580 BTC to six wallets, and the FBI has advised crypto projects and private entities to be vigilant in guarding against transactions with these wallets.The FBI has also highlighted the recent exploits of the DPRK-affiliated hacker groups, including the attacks on payment processors Alphapo and CoinsPaid in June, with $60 million and $37 million worth of crypto stolen from the platform respectively. Another $100 million was stolen in early June after an exploit of the Atomic Wallet. Lazarus Group and ATP38 were also behind the Horizon bridge and Ronin Bridge attacks.According to a recent report, North Korea-linked hackers have so far stolen over $200 million in cryptocurrency this year, accounting for 20% of all the crypto lost to attacks year-to-date. The FBI has urged private sector entities to examine the blockchain data associated with these addresses and be vigilant in guarding against transactions directly with, or derived from, the addresses.

Information Details
Geography Asia
Countries 🇰🇵 🇺🇸
Sentiment negative
Relevance Score 10
People None
Companies FBI, Lazarus Group, APT38, Alphapo, CoinsPaid, Atomic Wallet, CoinMarketCap
Currencies Bitcoin, Ethereum
Securities None

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