FBI catches up with infosec and crypto communities, blames Lazarus Group for $100 million heist
The FBI has confirmed what cybersecurity researchers have been saying for months: the North Korean-sponsored Lazarus Group was behind the theft last year of $100 million in crypto assets from blockchain startup Harmony.Harmony's Horizon Bridge – a cross-chain service used to transfer assets between Harmony's blockchain and other blockchains – and stole Ethereum, Wrapped Bitcoin, Binance Coin, and Tether.
The federal investigators said that on January 13, unnamed North Korean criminals used the privacy protocol Railgun to launder more than $60 million of Ethereum stolen during the Horizon Bridge hack and that a portion of the stolen Ethereum was then sent to several virtual asset service providers and converted to Bitcoin.
Some of the funds were frozen, while the remaining Bitcoin was sent to almost a dozen addresses. Two crypto exchanges – Binance and Huobi –The FBI is not the first to name Lazarus Group as the perpetrator of the attack. In 2022, blockchain analytics outfit Ellipticthe North Korean group to the Horizon Bridge incident after tracking the attacker's movements after the breach – including the conversion of most of the assets into 85,837 Ethereum using the Uniswap decentralized exchange.
The thief then moved the Ethereum into Tornado Cash – a mixer used to launder stolen crypto assets. By tracking the assets and looking at the Lazarus Group's interest in attacking decentralized financing services like cross-chain bridges – and its alleged connection with the theft of $620 million of crypto from Sky Mavis, maker of the Axie Infinity video game – Elliptic concluded that the Lazarus Group attacked Horizon Bridge.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
FBI says North Korean hackers responsible for $100M Harmony Horizon Bridge crypto heistJorge is a hardware writer from the enchanted lands of New Jersey. When he's not filling the office with the smell of Pop-Tarts, he's reviewing all sorts of gaming hardware from laptops with the latest mobile GPUs to gaming chairs with built-in back massagers. He's been covering games and tech for nearly ten years and has written for Dualshockers, WCCFtech, and Tom's Guide.
Lire la suite »
Former FBI Official Arrested for Taking Payments From Russian Oligarch He InvestigatedA former top FBI counterintelligence official has been indicted on charges that he conspired to violate U.S. sanctions by taking secret payments from a Russian oligarch he investigated
Lire la suite »
Charles McGonigal: Ex-FBI official who oversaw oligarch investigations charged over 'helping' sanctioned Russian billionaireCharles McGonigal, who was the head of counterintelligence for the FBI's New York City office from 2016 to 2018, was held at JFK airport on Saturday. He has been charged with allegedly receiving concealed payments from Rusal founder Oleg Deripaska and taking cash from an ex-Albanian spy.
Lire la suite »
Issa brothers considering '£13bn merger' of Asda and EG GroupMerger talks are reportedly being held ahead of refinancing at Blackburn-headquartered EG Group
Lire la suite »
Man missing after falling overboard from installation in North SeaBREAKING: A rescue mission has been launched after a man fell overboard from an offshore platform in the North Sea.
Lire la suite »