South Korean polce say more than half of the stolen assets were laundered through three crypto exchanges set up by the hackers themselves at a discount to Bitcoin and the rest were laundered through 51 different exchanges
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SEOUL, South Korea – South Korean police said on Thursday, November 21, an investigation confirmed that hackers linked to North Korea’s military intelligence agency were responsible for an Ethereum cryptocurrency heist in 2019, worth 58 billion won at the time. The hackers infiltrated a crypto exchange where the Ethereum was being kept and stole 342,000 tokens, now valued at more than 1.4 trillion won , the police said in a statement.
A National Police Agency official declined to confirm the identity of the hackers, but South Korean media said police had identified them as the Lazarus and Andariel groups linked to the North’s Reconnaissance General Bureau affiliated with its military.
Cybersecurity North Korea South Korea Technology Asia Pacific World
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