The Lazarus Group, a North Korean hacker group, has according to your own statements Currently 13,562 Bitcoin (BTC) worth around $ 1.14 billion.
According to the United States and the United Kingdom, this sum exceeds the Bitcoin reserves of El Salvador and Bhutan and makes North Korea one of the countries with the largest BTC reserves worldwide. In contrast to the states that legally collect Bitcoin, the Lazarus Group has acquired these assets through several cyber attacks.
BREAKING:
NORTH KOREA’S LAZARUS GROUP NOW HOLDS 13,562 $BTC WORTH $1.14B.
THAT’S MORE THAN EL SALVADOR & BHUTAN.
NOW THE 3RD LARGEST GOVERNMENT BTC HOLDER AFTER THE U.S. & U.K. pic.twitter.com/x62NRG4FEf
— Crypto Rover (@rovercrc) March 16, 2025
The Lazarus gang is behind a number of large thefts of digital assets. With the theft of more than $ 1.5 billion in Ethereum from the Bybit crypto exchange this year, you have set a record. This is one of the biggest hacks in the annals of the crypto sector.
The FBI asked the crypto sector not to participate in the income of the crime and expressly linked North Korea to the situation.
As a victim of the hack, Bybit has confirmed the incident and promised to compensate the users concerned. In addition, the security protocols are tightened to prevent further attacks. However, this incident shows that the hackers are more and more sophisticated in their activities.
The Lazarus Group is not only dependent on direct attacks on cryptocurrency exchanges. The CNF report shows that a current analysis by Socket Research showed that the group used six malignant packages that were downloaded more than 330 times. These packages are intended to steal login passwords, install back doors and exfilter private information from Solana and Exodus crypto wallets.
The investigation also showed that the methods used in this attack are reminiscent of previous Lazarus operations. By aiming at the victim’s browser profiles, you can access Chrome, Brave, Firefox and even the keychain of MacOS to collect important data.
The Lazarus Group and other North Korean hacker organizations worldwide are responsible for crypto theft this year worth over $ 659 million.
Some of the best-known cases concern $ 308 million from DMM Bitcoin in Japan and $ 235 million from the Wazirx exchange in India. These costly attacks even led to DMM Bitcoin forced to hire his activities.
The United States, Japan and South Korea, prompted these events to publish a joint explanation in which they warned of the cyber risks emitted by North Korea. They claimed that the country’s nuclear and rocket projects were financed from the income of these crimes.
Although the crypta room has always offered freedom and decentralization, it is also a rich field for criminals such as the Lazarus gangsters. The risk of digital assets does not seem to be reduced in the foreseeable future, since the hacking technologies and methods are constantly evolving.
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