North Korea is likely culprit behind $100 million crypto heist, researchers say

CNBC Finance LogoCNBC Finance1 mo ago

North Korea is likely culprit behind $100 million crypto heist, researchers say

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There are "strong indications" that North Korea-run hacking group Lazarus orchestrated the attack, according to blockchain analytics firm Elliptic.

North Korea has frequently been accused of carrying out cyberattacks and exploiting cryptocurrency to get around Western sanctions.

So far, around $39 million worth of ether has been sent to Tornado Cash.

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Category: MarketsFinanceInvesting

Topics: Politics United States Cnbc Hacking Markets North Korea Technology Computer crime Source:tagname:CNBC Europe Source Cryptocurrency Securities fraud Internet Asia Politics Cybersecurity Articles Finance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 09:20:58

News Timezone: GMT -5:00

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Language: English

Reading Time: 2 minutes read

Article Length: 357 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 22747

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