The FBI has warned crypto firms of attempts by North Korea-backed Lazarus Group to cash out $40 million worth of bitcoin (BTC). In a press statement, the intelligence service released six Bitcoin addresses that hold about 1580 stolen bitcoins.
“The FBI is warning cryptocurrency companies of recent blockchain activity connected to the theft of hundreds of millions of dollars in cryptocurrency. Over the last 24 hours, the FBI tracked cryptocurrency stolen by the Democratic People’s Republic of Korea (DPRK) TraderTraitor-affiliated actors (also known as Lazarus Group and APT38). The FBI believes the DPRK may attempt to cash out the bitcoin worth more than $40 million dollars,” the statement read.
The intelligence and security agency also gave details of some recent heists made by the North Korean hackers’ group – Lazarus Group or APT38.
“The DPRK TraderTraitor-affiliated actors were responsible for several high-profile international cryptocurrency heists to include the $60 million theft of virtual currency from Alphapo on June 22, 2023; the $37 million theft of virtual currency from CoinsPaid on June 22, 2023; and the $100 million theft of virtual currency from Atomic Wallet on June 2, 2023. The FBI previously provided information on their attacks against Harmony’s Horizon bridge and Sky Mavis’ Ronin Bridge, and provided a Cybersecurity Advisory on TraderTraitor.”
The FBI asked cryptocurrency companies to be on guard against transactions by the six bitcoin addresses mentioned in the statement.
