The Federal Bureau of Investigation (FBI) said two hacker groups associated with North Korea, the Lazarus Group and APT38, were responsible for the theft last June of $100 million from U.S. crypto firm Harmony’s Horizon bridge.
On Jan. 13, the groups used a privacy protocol called Railgun to launder over $60 million worth of Ethereum stolen during the theft in June, the FBI said in a statement
A portion of the stolen Ethereum was subsequently sent to several virtual asset providers and converted to bitcoin, the FBI said.
Bijay Pokharel
Bijay Pokharel is the Founder and Editor-in-Chief of Abijita, an independent technology and cybersecurity news publication established in 2017. A specialist in cybersecurity journalism, Bijay covers vulnerability research, malware analysis, enterprise data breaches, digital privacy, and emerging technologies. His work translates complex technical threats into precise, accessible, and actionable intelligence for security professionals and general readers alike. His reporting and investigative coverage are routinely cited and republished across leading technology and security media.



