The FBI has confirmed the notorious Lazarus Group and APT38 were the hackers behind the $100M Harmony Bridge exploit in June 2022, marking the first official confirmation of their involvement by U.S. authorities.
The Harmony Bridge hack in 2022 was the result ofbridge which allowed the cyber attackers to swipe a number of assets stored in the bridge via 11 transactions.
The FBI also outlined that the North Korean hackers started shifting around $60 million worth of the stolen funds earlier this month via the Ethereum-based privacy protocol RAILGUN. Blockchain sleuth ZachXBT previously highlighted such via Twitter on Jan. 16.through the Huobi crypto exchange, and then promptly assisted it in freezing and recovering the digital assets deposited by the hackers, according to CEO Changpeng Zhao.
“On Friday, January 13, 2023, North Korean cyber actors used RAILGUN, a privacy protocol, to launder over $60 million worth of Ethereum stolen during the June 2022 heist,” the FBI stated, adding that “a portion of these funds were frozen, in coordination with some of the virtual asset service providers. The remaining bitcoin subsequently moved to the following addresses.”
In its statement, the FBI said its cyber and virtual assets units, as well as the U.S. Attorney's Office and the U.S. Justice Department's crypto unit, have continued “to identify and disrupt North Korea’s theft and laundering of virtual currency, which is used to support North Korea’s ballistic missile and Weapons of Mass Destruction programs."
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