2023-01-24 01:13:06

FBI says N. Korea-related hacker groups behind US crypto firm heist

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Channel NewsAsia
By Cna

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Two hacker groups associated with North Korea, the Lazarus Group and APT38, were responsible for the theft last June of $100 million from U.S. crypto firm Harmony's Horizon bridge, the Federal Bureau of Investigation said on Monday.

On Jan. 13, the groups used a privacy protocol called Railgun to launder over $60 million worth of ethereum stolen during the theft in June, the FBI said in a statement

A portion of the stolen ethereum was subsequently sent to several virtual asset providers and converted to bitcoin, the FBI said.

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