The United States government complained about the seizure of assets from North Korean hackers

The United States Government Complained About The Seizure Of Assets From North Korean Hackers


The United States government filed two legal complaints on October 4, 2024 to seize more than $2.67 million worth of digital assets stolen by North Korea's Lazarus hacking group.

According to legal filings, the US government is seeking nearly $1.7 million in Tether (USDT) stolen by the firm in the 2022 Deribit hack — which cost the options exchange $28 million.

Once the hackers successfully breached Deribit's hot wallet, they transferred the funds through the Tornado Cash mixer and multiple Ethereum (ETH) addresses in order to remain anonymous.

US Government Asset Forfeiture Registry. Source: PACER

U.S. law enforcement officials have reported that Avalanche-Bridged-Bitcoin (BTC.b) was stolen by Lazarus Group in 2023 to recover nearly $970,000 from the hacking of the Stake.com gambling platform. The malicious attack cost Stack more than $41 million.

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The Lazarus Group is responsible for many crypto hacks.

The Deribit and Stake.com hacks represent just a few linked to North Korea's Lazarus group. Onchain sleuths They believe the hack of the famous WazirX exchange in July 2024 cost the platform nearly $235 million by the Alazarus group.

In the year An Aug. 15 report by onchain investigator ZackXBT exposed a network of North Korean developers who hacked at least 25 crypto projects. OnChain Sleuth revealed that the developers were using pseudonyms to steal code and repositories to gain access to the projects. At the time, ZackXBT explained that all of the featured developers were working for the same entity.

The Federal Bureau of Investigation issued a warning

The US Federal Bureau of Investigation (FBI) issued a series of warnings about the Lazarus group in September 2024 – starting with the hacking group's warning about social engineering scams.

One of these scams involves sending fake job offers and applications to unsuspecting users. Once the hackers establish enough contact with unsuspecting victims and encourage them to download malware disguised as employment documents, the user may end up with theft or loss of sensitive personal information.

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