US Suspects Lazarus in the massive cryptocurrency heist worth $615M

The US Suspects North Korea-linked hackers group Lazarus in the huge cryptocurrency heist worth $615M related to the popular online game Axie Infinity that took place in March.
The hacking is likely to be the most significant hack ever which smashed into the crypto world.
As per BBC reports, the game Axie Infinity allows players to earn crypto through gameplay or trading their avatars.

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US officials say the breach is the mishap of a group called “Lazarus”, assumed to be regulated by the primary intelligence bureau of North Korea.

On Thursday, the FBI said in a statement ” Through the investigations, we were capable to ascertain Lazarus Group and APT38, cyber actors associated with [North Korea], are accountable for the theft,”.

The Lazarus Group was disreputed in 2014 when they were blamed for hacking into Sony Pictures and revealing confidential information to the mass.
The group demanded that Sony take off its then-upcoming satirical comedy film “The Interview”, about a plot related to the assassination of North Korean leader Kim Jong-un.

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Reuters quoted a Treasury Department spokesperson saying “The United States is conscious that the DPRK has increasingly relied on several illicit activities which also includes cybercrime – to yield revenue for its weapons of mass devastation and ballistic rocket programs as it tries to escape robust US and UN sanctions,”.

Anupama Das

An active reader and follower of news. A budding journalist tries to spread authentic news to people.

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