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 creator and owner of Abijita.com. He is a freelance technology writer focusing on all things pertaining to Cyber Security. The topics he writes about include malware, vulnerabilities, exploits, internet defense, women's safety and privacy, as well as research and innovation in information security. He is a tech enthusiast, keen learner, rational and cool person in his professional activities and challenges.
Related posts
Recent Posts
Subscribe
Cybersecurity Newsletter
You have Successfully Subscribed!
Sign up for cybersecurity newsletter and get latest news updates delivered straight to your inbox. You are also consenting to our Privacy Policy and Terms of Use.