North Korean Hackers Reportedly Behind the $100 Million Harmony Exploit

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North Korean Hackers Reportedly Behind the $100 Million Harmony Exploit
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Elliptic reportedly claimed that the criminal organization which drained $100 million worth of crypto from Harmony was the Lazarus Group.

that North Korea is by far the top-ranked nation for crypto crime. Over the years, skilled hackers from the totalitarian country have targeted governments and private companies across the globe, stealing more than $1.5 billion in digital assets between 2017-2022.North Korea of stealing cryptocurrencies worth millions of dollars and claimed that the Asian state used those assets to fund missile and nuclear trials.

The UN reminded that the North Korean government had launched nine nuclear experiments in January alone, the largest number of such tests that the nation has executed in a single month. Despite the multiple warnings and severe sanctions, Pyongyang has continued to develop its ballistic missile infrastructure:

“DPRK demonstrated increased capabilities for rapid deployment, wide mobility , and improved resilience of its missile forces.” Unsurprisingly, Russia and China refused to sign the UN’s statement, which accuses North Korea of funding its nuclear trials with stolen crypto assets.

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