Lazarus Group Holds $47 Million Cryptocurrency in Bitcoin: Data
The post Lazarus Group Holds $47 Million Cryptocurrency in Bitcoin: Data appeared first on Coinpedia Fintech News
A North Korean hacking group, the Lazarus Group, holds around $47 million in cryptocurrency, primarily Bitcoin, according to data collated on Dune Analytics. Surprisingly, the group does not hold any privacy coins, which are much harder to trace. The group has been implicated in a number of attacks, including the Stake.com hack and the CoinEx attack, which resulted in the loss of at least $55 million. However, according to Chainalysis, North Korea-linked hackers will be responsible for 80% fewer crypto thefts in 2023 than in the previous year. US federal authorities recently warned of the “significant risk” of Lazarus Group attacking healthcare and public health sector entities.