North Korean hacking collective Lazarus Group holds a whopping $47 million in cryptocurrency, most of which is in Bitcoin (BTC), new information reveals.
In accordance with information collated on Dune Analytics from 21.co, the mother or father firm of 21Shares, wallets related to the Lazarus Group at present maintain round $47 million price of digital belongings, together with $42.5 million in BTC, $1.9 million in Ether (ETH), $1.1 million in BNB (BNB) and an extra $640,000 in stablecoins, primarily Binance USD (BUSD).
Nevertheless, the quantity of crypto held seems to have dropped from the $86 million the group held on Sept. 6, a couple of days after the Stake.com hack through which Lazarus was implicated.
The Dune dashboard tracks 295 wallets recognized by the USA Federal Bureau of Investigation (FBI) and Workplace of Overseas Belongings Management (OFAC) as being owned by the hacking group, it famous.
Surprisingly, the group doesn’t maintain any privateness cash, equivalent to Monero (XMR), Sprint (DASH) or Zcash (ZEC), that are arguably a lot more durable to hint.
In the meantime, Lazarus crypto wallets are nonetheless extremely energetic, with the latest transaction being recorded on Sept. 20.
21.co additionally famous that the group’s holdings are prone to be a lot larger than what has been reported. “We must always observe that it is a lower-bound estimation of Lazarus Group’s crypto holdings based mostly on publicly accessible info,” it said.
Associated: 3 steps crypto traders can take to keep away from hacks by the Lazarus Group
On Sept. 13, Cointelegraph reported that Lazarus Group carried out the assault on crypto trade CoinEx, which misplaced no less than $55 million.
The FBI has additionally pointed the finger at Lazarus for the Alphapo, CoinsPaid and Atomic Pockets hacks, which collectively added as much as greater than $200 million that the group stole in 2023.
Nevertheless, Chainalysis reported that crypto thefts by North Korea-linked hackers are down a whopping 80% from 2022. As of mid-September, North Korea-linked teams had stolen a complete of $340.4 million in crypto, down from a document $1.65 billion in pilfered digital belongings in 2022.
Late final week, U.S. federal authorities warned of “important danger” for potential assaults on U.S. healthcare and public well being sector entities by Lazarus Group.
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