{"id":60073,"date":"2023-09-25T07:13:09","date_gmt":"2023-09-25T11:13:09","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=60073"},"modified":"2023-09-25T07:13:11","modified_gmt":"2023-09-25T11:13:11","slug":"north-korean-lazarus-group-holds-almost-50m-worth-of-crypto","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/north-korean-lazarus-group-holds-almost-50m-worth-of-crypto\/","title":{"rendered":"North Korean Lazarus Group Holds Almost $50M Worth of Crypto"},"content":{"rendered":"\n

New data reveals that the North Korean hacking group<\/a> Lazarus possesses a staggering $47 million in cryptocurrencies, most of which are Bitcoin, including Bitcoin, Ether, BNB, Binance USD, and various stablecoins.<\/p>\n\n\n\n

\"North
North Korean Lazarus Group Holds Almost $50M Worth of Crypto<\/figcaption><\/figure>\n\n\n\n

Wallets associated with the Lazarus Group hold approximately $47 million worth of digital assets, including $42.5 million in BTC, $1.9 million in Ether, $1.1 million in BNB, and an additional $640,000 in stablecoins, primarily Binance USD, according to data compiled on Dune Analytics from 21.co, the parent company of 21Shares.<\/p>\n\n\n\n

However, the quantity of cryptocurrency held has decreased from the $86 million the group held on September 6, a few days after Lazarus was implicated in the Stake.com hack<\/a>.<\/p>\n\n\n\n

The Dune dashboard monitors 295 wallets identified as belonging to the hacking group by the United States Federal Bureau of Investigation (FBI) and Office of Foreign Assets Control (OFAC).<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Surprisingly, the organization must possess privacy coins such as Monero, Dash, or Zcash, which are arguably more difficult to trace.<\/p>\n\n\n\n

In the meantime, Lazarus cryptocurrency accounts remain extremely active, with the most recent transaction recorded on September 20.<\/p>\n\n\n\n

Additionally, 21.co noted that the group's holdings are likely significantly higher than reported. “We should note that this is a lower-bound estimation of Lazarus Group's crypto holdings based on publicly available information,” it stated.<\/p>\n\n\n\n

On September 13, the Lazarus Group attacked CoinEx, which resulted in at least $55 million in losses.<\/p>\n\n\n\n

The FBI has also implicated Lazarus in the 2023 breaches of Alphapo, CoinsPaid, and Atomic Wallet\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, in which the group stole over $200 million.<\/p>\n\n\n\n

However, Chainalysis reported that crypto thefts by hackers with ties to North Korea have decreased by an astounding 80% since 2022. By mid-September, groups with ties to North Korea had stolen $ 340.4 million in cryptocurrency, a decrease from the record $1.65 billion in stolen digital assets in 2022.<\/p>\n\n\n\n

U.S. federal authorities issued a “significant risk” warning late last week regarding prospective Lazarus Group attacks on U.S. healthcare and public health entities.<\/p>\n","protected":false},"excerpt":{"rendered":"

New data reveals that the North Korean hacking group Lazarus possesses a staggering $47 million in cryptocurrencies, most of which are Bitcoin, including Bitcoin, Ether, BNB, Binance USD, and various stablecoins. Wallets associated with the Lazarus Group hold approximately $47 million worth of digital assets, including $42.5 million in BTC, $1.9 million in Ether, $1.1 […]<\/p>\n","protected":false},"author":12,"featured_media":44885,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[6115,376,16144],"class_list":["post-60073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-hackers-2","tag-cryptocurrencies","tag-north-korea-lazarus-group"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/02\/image-14.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/60073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=60073"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/60073\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/44885"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=60073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=60073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=60073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}