North Korean hackers launder $27M ETH from Harmony Bridge attack
Three main addresses carried out transactions worth $27.18 million to six crypto exchanges. Go to Source Powered by WPeMatico
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Onchain Researchers Discover $63M in Ethereum From Harmony Bridge Attack Moved, Hackers Attempt to Launder Funds on Major Exchanges
On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking syndicate Lazarus Group, moved 41,000 ethereum, worth $63.2 million at current exchange rates. Onchain Researchers Track Stolen Ethereum From Harmony Bridge Attack and Help Major … Read more
North Korean hackers are pretending to be crypto VCs in new phishing scheme: Kaspersky
State-sponsored Lazarus Group and associated hackers have had a busy year, and 2023 may see even more activity, the cybersecurity lab warned. Go to Source Powered by WPeMatico
North Korean hacking activity ceases after implementing KYC — Report
Intelligence officials that out of $620 million in crypto stolen by North Korean hackers this year, none were related to South Korea. Go to Source Powered by WPeMatico
Proactive sanctions can help spare the ecosystem: Chainalysis exec
Andrew Fierman highlighted the nuances of sanctions depending on who is involved, what is at stake and where they’re coming from. Go to Source Powered by WPeMatico
US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program
The redesignation of the crypto mixer essentially replaces the U.S. Treasury’s actions from August, establishing sanctions for its role in “enabling malicious cyber activities.” Go to Source Powered by WPeMatico
Japan’s Police and FSA Publish a Joint Cyber Warning to Crypto Firms, Link Attacks to Lazarus Group
According to the National Police Agency (NPA) in Japan, North Korean hackers from the crime syndicate Lazarus Group have been targeting crypto companies in the country. Local reports detail that it’s the fifth time the NPA has tied “public attribution” to the organization of North Korean cyber criminals. Japan’s Law Enforcement and Financial Regulator Warn … Read more
OFAC Sanctions 7 New Bitcoin Addresses Allegedly Associated With Iran-Related Ransomware Activities
The Treasury’s Office of Foreign Asset Control (OFAC) has published a specially designated nationals list update (OFAC’s SDN List) that lists a number of individuals accused of being involved with Iran-related ransomware. The list further shows seven bitcoin addresses that are allegedly associated with the Iranian ransomware gang. Iran Adds 7 New Bitcoin Addresses to … Read more
US Seizes Cryptocurrency Worth $30 Million From North Korean Hackers
Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers. “This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident it won’t be the last,” the firm’s director of investigations said. $30 Million in … Read more
Dutch Law Enforcement Arrests Suspected Tornado Cash Developer in Amsterdam
According to a statement from the Dutch Fiscal Information and Investigation Service (FIOD), law enforcement officials in Amsterdam arrested an unnamed 29-year-old suspected of developing the ethereum mixing application Tornado Cash. FIOD accuses the suspect of “concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies.” Netherlands Law Enforcement Takes Suspected Tornado … Read more