The North Korean hacker collective the Lazarus Group holds tens of tens of millions of {dollars} value of Bitcoin (BTC) and different digital property, in accordance with the newest on-chain information.
Researchers at 21.co, the guardian firm of 21shares, the world’s largest crypto exchange-traded product (ETP) issuer, have created a brand new dashboard displaying the crypto holdings of the cybercrime group, which has reportedly pulled off enormous hacks on behalf of the North Korean authorities.
The information relies on 295 crypto wallets beforehand recognized as belonging to the Lazarus Group by the US Federal Bureau of Investigation (FBI) and Workplace of Overseas Property Management (OFAC).
The biggest hacks by the Lazarus Group prior to now two years made off with a mixed $960 million, in accordance with 21.co.
The hacks embody:
“March 29, 2022: ~$620 million theft from Sky Mavis’ Ronin Bridge.
June 22, 2022: ~$100 million Concord’s Horizon Bridge hack.
June 2023: ~$100 million theft from Atomic Pockets.
July 22, 2023: ~$60 million theft from Alphapo.
July 22, 2023: ~$37 million theft from CoinsPaid.
September 4, 2023: ~$41 million theft from Stake.com.”
The researchers notice that the dashboard information is “a lower-bound estimation of Lazarus Group’s crypto holdings based mostly on publicly obtainable data.”
In response to the info, the Lazarus Group presently holds greater than $46 million value of digital property.
The highest holdings embody 1,600 Bitcoin with a worth of $41.8 million, 1,200 Ethereum (ETH) with a worth of $1.91 million and 5,000 Binance Coin (BNB) with a worth of $1.06 million.
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