The solution to crypto’s Lazarus problem could be simpler than expected
In just over 18 months, North Korean hackers like Lazarus have used the same “hijacked multisig” technique to steal over $1.75B in crypto.
In just over 18 months, North Korean hackers like Lazarus have used the same “hijacked multisig” technique to steal over $1.75B in crypto.
Crypto sleuth ZachXBT revealed North Korean hackers likely stole $5.2M in crypto by infecting the victim with malware.
Crypto wallet Vultisig celebrated making $200K in revenue before ZachXBT claimed it was the result of criminals shifting stolen Bybit funds.
While some would like to see Lazarus Group’s ill-gotten gains go down the drain, others see the activity on HyperLiquid as a worrying sign.
According to g8keep co-founder Harrison Leggio, when asked to say “I hate Kim Jong Un, Fuck North Korea,” a potential recruit disappeared.