asia government policies and cryptocurrency adoption 712 negative
The U.S. Federal Bureau of Investigation (FBI) has warned crypto companies of $41 million in stolen Bitcoin (BTC) controlled by North Korean “TraderTraitor-affiliated actors” known as Lazarus and APT38.The FBI attributed the theft of 1,580 BTC from several crypto service providers in 2023 to Lazarus, and estimated the total losses to be nearly $200 million. The six Bitcoin addresses associated with the stolen funds are being tracked by the FBI.The North Korean-backed hacker group Lazarus has been a major threat to the crypto industry, with an estimated $2 billion stolen from various crypto entities. The FBI has attributed major hacks on DeFi bridges Harmony and Ronin to Lazarus, as well as thefts from Alphapo, Atomic Wallet, and CoinsPaid.The FBI warned that the TraderTraitor-affiliated actors Lazarus and APT38 could liquidate their BTC for $40 million at current market prices. The FBI stated that it 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.

Information Details
Geography Asia
Countries 🇰🇵 🇺🇸
Sentiment negative
Relevance Score 10
People Alphapo, CoinsPaid, Atomic Wallet, Elliptic, Sky Mavis, Harmony
Companies Alphapo, CoinsPaid, Atomic Wallet, Elliptic, FBI
Currencies Bitcoin, Ethereum, USD, KRW, BTC
Securities None

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