FBI says North Korean Lazarus group was behind the $625m crypto theft

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$625M is wild. 😳 These hackers be pulling away with some crazy figures.

The notorious Lazarus group, a known North Korean state-sponsored threat actor, seems to have been behind the recent major Ronin network breach, the FBI has said.

Ronin network, a cryptocurrency bridge developed by the same company behind the hugely popular blockchain-based game, Axie Infinity, was attacked in late March 2022, with the attackers getting away with $625 million in various cryptocurrencies. 🕹

Now, according to Vice, the FBI and the US Treasury Department (USDT) have pinned this attack it on Lazarus, having updated its file on the attack with a wallet that had received the stolen funds, which it says belong to the group.