North Korea-Affiliated Lazarus Group Behind CoinEx Hack: Report

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North Korea-Affiliated Lazarus Group Behind CoinEx Hack: Report
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The same DPRK actors are responsible for yet another international digital asset heist.

North Korea’s notorious state-backed Lazarus Group is speculated to be behind the $55 million hack of crypto exchange CoinEx. According to prominent on-chain sleuth ZachXBT’s latest update, the attackers “accidentally” connected their address to the $41 million hack of the betting platform Stake.com.

The wallet in question, which had received funds from the recently hacked betting platform, interacted with the address that received the siphoned funds from CoinEx, ZachXBTThe US Federal Bureau of Investigation had previously confirmed that North Korea-affiliated Lazarus Group was responsible for a $41 million theft from Stake.com.that its Risk Control System detected anomalous withdrawals from several hot wallet addresses used to store the exchange assets.

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