U.S. Link North Korea-backed Hackers To $615m Crypto Heist

Share post:

The U.S. has linked North Korean-backed hackers to last month’s $615 million crypto heist on the popular online game Axie Infinity.

The FBI linked the breach to a group called Lazarus, which is believed to be controlled by North Korea’s primary intelligence bureau.

The revelation came after the FBI identified the wallet used in the hack.

“Through our investigations, we were able to confirm Lazarus Group and APT38, cyber actors associated with [North Korea], are responsible for the theft,” the FBI said in a statement on Thursday.

The Treasury Department’s Office of Foreign Assets Control (OFAC) announced new sanctions against Lazarus’ identified Ethereum wallet on Thursday.

North Korea’s hacking program is reportedly used for funding the country’s nuclear and ballistic missile programs. The strategy according to a United Nations panel allows the country to bypass sanctions.

“The United States is aware that the DPRK has increasingly relied on illicit activities – including cybercrime – to generate revenue for its weapons of mass destruction and ballistic missile programs as it tries to evade robust US and UN sanctions,” a Treasury Department spokesperson said.

The sources for this piece include an article in BBC.

Featured Tech Jobs


Related articles

Canada, U.S. sign international guidelines for safe AI development

Eighteen countries, including Canada, the U.S. and the U.K., today agreed on recommended guidelines to developers in their nations for the secure design, development, deployment, and operation of artificial intelligent systems. It’s the latest in a series of voluntary guardrails that nations are urging their public and private sectors to follow for overseeing AI in

Cyber Security Today, Nov. 27, 2023 – Ransomware gang posts data stolen from a Canadian POS provider, and more

This episode reports on the latest ransomware attacks, and details of how a gang that scams people selling used products on

Cyber Security Today, Week in Review for the week ending November 24, 2023

This episode features discussion on Australia's decision to not make ransowmare payments illegal, huge hacks of third-party service suppliers in Canada and the U.S. and whether email and smartphone service providers are doing enough to protect

Cyber Security Today, Nov. 24, 2023 – A warning to tighten security on Kubernetes containers, and more

This episode reports on the increasing number of vulnerable Kubernetes containers online, the latest acknowledged data breaches, a browser scam aimed at Macs

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways