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Economy

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Eugene

(62,744 posts)
Tue Jan 24, 2023, 07:14 AM Jan 2023

FBI says North Korea-backed hackers stole $100 million from crypto firm Harmony's Horizon Bridge [View all]

Source: Business Insider

FBI says North Korea-backed hackers stole $100 million from crypto firm Harmony's Horizon Bridge

Ryan Hogg
Tue, January 24, 2023 at 5:38 AM EST·2 min read

• North Korean groups were behind a $100 million crypto hack last June, the FBI has confirmed.
• State-backed Lazarus Group and APT38 plundered funds from Harmony's Horizon Bridge.
• CEO Changpeng Zhao said Binance helped recover $2.8 million in bitcoin from the hackers.

US prosecutors have confirmed that two hacking groups backed by North Korea were behind a $100 million crypto theft from a California firm last year.

In a statement Monday, the FBI confirmed Lazarus Group and APT38 were behind a hack of crypto group Harmony's Horizon bridge on June 24.

The agency said on January 13, said North Korean cyber actors used a privacy protocol to launder over $60 million worth of ethereum stolen during the June 2022 heist, with a portion sent to several virtual asset service providers and converted to bitcoin.

-snip-

Read more: https://finance.yahoo.com/news/fbi-says-north-korea-backed-103806328.html

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