North Korean Lazarus Group likely behind CoinEx's $55 million hack: ZachXBT

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North Korean Lazarus Group likely behind CoinEx's $55 million hack: ZachXBT
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North Korea's Lazarus Group was likely behind the $55 million hack of crypto exchange CoinEx, according to on-chain data sourced by ZachXBT.

On-chain data suggests that North Korea’s Lazarus Group was likely behind the recent CoinEx hack.

A link was found between the CoinEx hack and the recent attack on Stake.com, which the FBI said was orchestrated by Lazarus.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.North Korea’s Lazarus Group was likely behind the $55 million hack of crypto exchange CoinEx, according to on-chain data sourced by crypto sleuth ZachXBT.

A link was found between the attack on CoinEx and the recent hack of betting platform Stake.com, which theAn Ethereum wallet address was found that was likely owned by the orchestrators of both attacks, suggesting the attacks were carried out by the same group. This wallet address, which had received funds from Stake.

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