North Korean Hackers Stole £450m in world's largest Cryptocurrency Theft

World | April 21, 2022, Thursday // 09:22
Bulgaria: North Korean Hackers Stole £450m in world's largest Cryptocurrency Theft

North Korean hackers have stolen £450 million in the world's largest cryptocurrency theft. The hacker group known as Lazarus is behind the 2017 WannaCry Ransomeware attack, which affected 200,000 computers worldwide, including those of the National Health Service.

The US Treasury Department said the theft was related to e-mail addresses used by Lazarus. The theft was committed through the online game Axie Infinity.

A spokesman for the US Treasury Department said: "The United States is aware that North Korea is increasingly relying on illegal activities, including cybercrime, to generate revenue from its weapons of mass destruction and ballistic missile programs while trying to avoid strict US and UN sanctions ".

The Lazarus Group has been working for more than ten years with the blessing of the North Korean government.

On March 29, the FBI announced that the Lazarus Group, along with hackers from APT38, were responsible for stealing $620 million worth of Ethereum. According to US intelligence, the hacker group Lazarus is controlled by North Korea's Central Intelligence Agency.

The same hackers were blamed for the 2017 WannaCry attacks that affected 200,000 computers worldwide. The group is also believed to be responsible for hacking international banks and customer accounts, as well as cyberattacks against Sony Pictures Entertainment in 2014.

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Tags: hackers, North Korea, Lazarus, cryptocurrency
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