North Korea Behind U.S $100m Crypto Theft
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Description
United States law enforcement says North Korean hackers were behind the theft of $100m worth of digital assets from a US crypto firm last year. The Federal Bureau of Investigation...
show moreThe Federal Bureau of Investigation says the North Korean hacking groups Lazarus Group and APT38 carried out the cyber heist on crypto firm Harmony last June.
Harmony, which has its headquarters in California, announced in June that hackers had stolen $100m in digital coins from Horizon bridge, a so-called blockchain bridge used to move cryptocurrencies between different blockchain networks.
The FBI, which previously issued an advisory about a malware campaign used in the heist dubbed “TraderTraitor”, says it had frozen some of the funds with the cooperation of some of the virtual asset service providers.
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Author | Africa Business Radio |
Organization | Africa Business Radio |
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