After its high-profile heist on Bybit, North Korea-backed Lazarus Group has been spotted laundering funds on sanctioned mixers and spreading new strains of malware.
Lazarus Group’s crypto heist streak
Lazarus Group rose to infamy due to its predilection for high-profile crypto heists. Some of the cybercrime syndicate’s most notable campaigns include the $625 million Ronin network hack in 2022, KuCoin’s $280 million heist in 2020, and last month’s $1.5 billion theft from a Bybit hot wallet.
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