Subj : FBI - North Korean Lazarus hackers could be about to cash in mill
To   : All
From : TechnologyDaily
Date : Thu Aug 24 2023 16:00:03

FBI - North Korean Lazarus hackers could be about to cash in millions of 
stolen Bitcoin

Date:
Thu, 24 Aug 2023 14:55:43 +0000

Description:
Lazarus seemingly prepares to sell its Bitcoin stash, FBI warns.

FULL STORY
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The infamous North Korean state-sponsored threat actor Lazarus Group is 
getting ready to dump $41 million worth of Bitcoin on the market, a new 
Federal Bureau of Investigation (FBI) report has claimed. 

The U.S. federal law enforcement agency recently issued a warning, saying it 
observed Bitcoin stolen last year moving to different wallets: 

"Over the last 24 hours, the FBI tracked cryptocurrency stolen by the 
Democratic People's Republic of Korea (DPRK) TraderTraitor-affiliated actors 
(also known as Lazarus Group and APT38)," the warning reads. "The FBI 
believes the DPRK may attempt to cash out the bitcoin worth more than $40 
million dollars." A warning to trading platforms 

The FBI says its tracking approximately 1,580 Bitcoin as its being moved to 
six separate wallets: 

3LU8wRu4ZnXP4UM8Yo6kkTiGHM9BubgyiG 

39idqitN9tYNmq3wYanwg3MitFB5TZCjWu 

3AAUBbKJorvNhEUFhKnep9YTwmZECxE4Nk 

3PjNaSeP8GzLjGeu51JR19Q2Lu8W2Te9oc 

3NbdrezMzAVVfXv5MTQJn4hWqKhYCTCJoB 

34VXKa5upLWVYMXmgid6bFM4BaQXHxSUoL 

The law enforcement agency is now urging cryptocurrency trading platforms and 
other firms dealing with the nascent technology to be careful when receiving 
Bitcoin and to analyze the blockchain data to make sure theyre not laundering 
money stolen in various hacks and scams. 

"The FBI will continue to expose and combat the DPRK's use of illicit 
activitiesincluding cybercrime and virtual currency theftto generate revenue 
for the regime," the FBI concluded. Read more 

> FBI confirms North Korean Lazarus Group was behind major Harmony crypto 
heist 


 > Fake Crypto.com job offers targeting developers and artists to spread 
malware 


 > These are the best firewalls right now 

Lazarus Group is one of the deadliest threat actors out there, whose 
campaigns netted hundreds of millions of dollars in stolen cryptocurrencies. 
The North Korean state-sponsored actor was responsible for the attack on the 
Ronin Network, which resulted in the theft of more than $600 million. Lazarus 
was also responsible for the attack on Harmony bridge, in which it walked 
away with roughly $100 million. 

In many instances, Lazarus impersonated large cryptocurrency firms and 
approached crypto developers on LinkedIn with seemingly lucrative job offers. 
Gullible developers were delivered malware, which allowed Lazarus operatives 
to infiltrate different networks, infect endpoints, and ultimately - steal 
money. Some researchers believe the money is being spent on North Koreas 
weapons program. Check out the best endpoint protection services 

Via: BleepingComputer



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Link to news story:
https://www.techradar.com/pro/security/fbi-north-korean-lazarus-hackers-could-
be-about-to-cash-in-millions-of-stolen-bitcoin


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