North Korea linked to crypto heists of over $650 million in 2024 alone

image via The Verge

January 14, 2025, 8:54 PM

• •North Korean hackers stole a total of $659 million in crypto across several heists in 2024, according to a joint statement issued today by the US, Japan, and South Korea.
• •The report specified five such incidents, like the $235 million theft from the Indian crypto exchange WazirX that is being newly attributed to the Lazarus Group.
• •Of the 2024 incidents, Japan’s DMM Bitcoin suffered the biggest loss, with $308 million stolen, ultimately resulting in the exchange’s closure.

North Korean hackers stole a total of $659 million in crypto across several heists in 2024, according to a joint statement issued today by the US, Japan, and South Korea. The report specified five such incidents, like the $235 million theft from the Indian crypto exchange WazirX that is being newly attributed to the Lazarus Group. That organization is estimated to have stolen billions across previous attacks over the last decade, including $625 million stolen from Axie Infinity in 2022.Of the 2024 incidents, Japan’s DMM Bitcoin suffered the biggest loss, with $308 million stolen, ultimately resulting in the exchange’s closure.

Read original article