April 17, 2022

FBI: North Korean Hackers Pulled Off $620M Cryptocurrency Heist

By T. Thompson In Finance, Latest News with Comments Off on FBI: North Korean Hackers Pulled Off $620M Cryptocurrency Heist

Hackers connected to the North Korean government were the culprits behind the $620 million cryptocurrency theft last month, the FBI said.

“Through our investigation we were able to confirm Lazarus Group and APT38, cyber actors associated with the DPRK [Democratic People’s Republic of Korea], are responsible for the theft of $620 million in Ethereum reported on March 29,” the FBI said in a statement.

“The FBI, in coordination with Treasury and other U.S. government partners, will continue to expose and combat the DPRK’s use of illicit activities — including cybercrime and cryptocurrency theft — to generate revenue for the regime.”

The FBI said it “continues to combat malicious cyber activity including the threat posed by the Democratic People’s Republic of Korea to the U.S. and our private sector partners.”


FBI Statement on Attribution of Malicious Cyber Activity Posed by the Democratic People’s Republic of Korea

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