Security News > 2022 > April > FBI links largest crypto hack ever to North Korean hackers
The Treasury Department's Office of Foreign Assets Control has sanctioned the address that received the cryptocurrency stolen in the largest cryptocurrency hack ever, the hack of Axie Infinity's Ronin network bridge.
The Federal Bureau of Investigation said two North Korean hacking groups, Lazarus and BlueNorOff, were behind last month's Ronin hack.
Blockchain data platform Chainalysis first spotted that a new ETH address added by OFAC to the SDN list as part of a Lazarus Group update was also used in March to collect the ETH and USDC tokens stolen in the Ronin hack.
Sky Mavis also published an update to their initial blog post disclosing the attack, saying the FBI now attributes the attack to the North Korean-backed Lazarus Group hacking group.
This attack is the largest crypto hack in history, with the previous most significant theft of cryptocurrency being the $611 million Poly Network hack from August 2021.
The Lazarus Group is a North Korean military hacking group active for more than a decade, since at least 2009.
News URL
Related news
- Hackers target FCC, crypto firms in advanced Okta phishing attacks (source)
- Hackers Exploit Misconfigured YARN, Docker, Confluence, Redis Servers for Crypto Mining (source)
- Hackers deploy crypto drainers on thousands of WordPress sites (source)
- Hackers Exploit OpenMetadata Flaws to Mine Crypto on Kubernetes (source)
- Microsoft Warns: North Korean Hackers Turn to AI-Fueled Cyber Espionage (source)