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FBI North Korea Lazarus Group Was Behind $100M U.S. Crypto Heist

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Two hacker groups associated with North Korea, the Lazarus Group and APT38, were accountable for the theft that occurred in July of $100 million from the U.S.

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On January. 13, the groups employed a private protocol known as Railgun to conceal more than 60 million dollars worth of Ethereum taken during the theft in June, The FBI stated in a statement.

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A small amount that was stolen from Ethereum was then sent to various virtual asset companies and then was converted into bitcoin, according to the FBI claimed.

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The FBI stated that North Korea's theft, as well as the laundering of virtual currencies...

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Is utilized to aid in developing its ballistic missile and Weapons of Mass Destruction programs.

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In June, the California-based Harmony reported that a heist took place on the Horizon bridge.

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