FBI: North Korean hackers behind mass cryptocurrency theft Tech

Hackers linked to North Korea are behind one of the world’s largest thefts of cryptocurrencies, according to the FBI. Last month, hackers managed to rob about 620 million dollars (more than 570 million euros) by hacking into a popular online game. The money will be used by the North Korean regime, according to the FBI.

The hack hit the Ronin blockchain network late last month, which is linked to the popular online game Axie Infinity. This Vietnamese game allows players to earn cryptocurrencies by trading avatars. Hackers have managed to cleverly use a piece of software that is not always reliable.

The FBI reports that the hacker groups APT38 and Lazarus are behind the theft. Lazarus became famous in 2014 when he hacked Sony in retaliation for a satirical film Interview, who mocked North Korean leader Kim Jong-un. Both groups are part of a decades-long cyber campaign by the North Korean government.

Looking at the main platforms on which cryptocurrencies are traded, the US Treasury Department is trying to find out where the stolen money is moving. A source in the ministry told the Bloomberg news agency that sanctions are being considered against anyone who tries to support Kim’s regime through this form of money laundering.

A few weeks earlier, hackers on another blockchain platform with a similar attack had already managed to steal about $ 300 million in cryptocurrencies. It was said that the Ministry of Finance is working on guidelines for crypto cyber security in order to prevent such attacks in the future.

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