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- North Korea hacker group accused by FBI of stealing $1.5 billion in digital assets
North Korea hacker group accused by FBI of stealing $1.5 billion in digital assets
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A group known as "TraderTraitor" has been linked to the theft of $1.5 billion in virtual assets from a cryptocurrency exchange, surpassing the previous record sum of $1 billion. The US Federal Bureau of Investigation (FBI) has accused a North Korean hacker group of being responsible for the heist, with the stolen assets being converted to Bitcoin. The affected exchange, Bybit, reported that 400,000 Ethereum were stolen.
It is expected these assets will be further laundered and eventually converted to fiat currency.
TraderTraitor actors are proceeding rapidly and have converted some of the stolen assets to bitcoin and other virtual assets dispersed across thousands of addresses on multiple blockchains.
sources
perspectives
- 1.Organized crime
- 2.North-South Korea Conflict
- 3.Banking industry
- 4.Money Laundering
- 5.Cryptocurrencies
- 6.Cybersecurity
- 7.Heist
countries
- 1.Australia
- 2.China
- 3.France
- 4.Iraq
- 5.Korea, Democratic People's Republic of
- 6.Korea, Republic of
- 7.Russian Federation
- 8.Ukraine
organizations
persons
technicals
- 1.Tor