Lazarus Group Holds $47 Million Cryptocurrency in Bitcoin: Data

Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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A North Korean hacking group, the Lazarus Group, holds around $47 million in cryptocurrency, primarily Bitcoin, according to data collated on Dune Analytics. Surprisingly, the group does not hold any privacy coins, which are much harder to trace. The group has been implicated in a number of attacks, including the Stake.com hack and the CoinEx attack, which resulted in the loss of at least $55 million. However, according to Chainalysis, North Korea-linked hackers will be responsible for 80% fewer crypto thefts in 2023 than in the previous year. US federal authorities recently warned of the “significant risk” of Lazarus Group attacking healthcare and public health sector entities.

Source: https://coinpedia.org/crypto-live-news/lazarus-group-holds-47-million-cryptocurrency-in-bitcoin-data/