North Korean Hackers Steal More Than $100 million in Cryptocurrency Heist

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Published (Updated) on Wednesday, June 14, 2023

CYBER SECURITY — Cryptocurrency analytics firm, Elliptic, has reported that a recent digital currency heist saw North Korean hackers take off with over $100 million worth of digital currency from users of the Atomic Wallet service.

Over 5,500 digital wallets were affected by the hackers, who are believed to be connected to the North Korean cybercrime gang known as Lazarus. Neither North Korea nor Atomic Wallet has yet responded to requests for comment.

Atomic Wallet hired another cryptocurrency analytics firm, Chainalysis, to investigate the incident and track down stolen funds. Lazarus has a history of targeting cryptocurrency users and organisations, with this being the largest heist since the alleged $100 million hack of a tool developed by the US cryptocurrency firm Harmony in 2021. The FBI and Estonian police have also declined to comment on the matter. JPost reports.

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