The United States, U.S, Federal Bureau of Investigation have accused North Korea of being behind the theft of 1.5 billion dollar worth of digital assets last week, the largest crypto heist in history.
The FBI in a public service announcement said North Korea was responsible for the theft which occurred on Bybit.
The bureau revealed that a group called TraderTraitor, also known as the Lazarus Group, was behind the theft.
FBI said TraderTraitor were “proceeding rapidly and have converted some of the stolen assets to Bitcoin and other virtual assets dispersed across thousands of addresses on multiple blockchains.
the FBI added that the stollen assets is expected to be laundered and eventually converted to fiat currency.
Lazarus Group gained notoriety a decade ago when it was accused of hacking into Sony Pictures as revenge for “The Interview,” a film that mocked North Korean leader Kim Jong Un.
North Korea’s cyber-warfare program dates back to at least the mid-1990s.
AFP
