Security News > 2023 > January > FBI: North Korean hackers stole $100 million in Harmony crypto hack
The FBI has confirmed that the North Korean state-sponsored 'Lazarus' and APT38 hacking groups were behind the theft of $100 million worth of Ethereum stolen from Harmony Horizon in June 2022.
Yesterday, the FBI confirmed that two North Korean hacking groups, Lazarus and APT38, were behind the attack.
"Through our investigation, we were able to confirm that the Lazarus Group and APT38, cyber actors associated with the DPRK, are responsible for the theft of $100 million of virtual currency from Harmony's Horizon bridge, reported on June 24, 2022." - FBI. The Lazarus and APT38 hacking groups are linked to the Democratic People's Republic of Korea and have a history of stealing cryptocurrency assets on behalf of the government.
The FBI states that North Korean hacking groups steal and launder virtual currency to support their country's ballistic missile and weapons of mass destruction programs.
The hackers converted some of these moved funds to Bitcoin, and the FBI seized an undefined portion by working closely with virtual asset service providers.
North Korean hackers have a long history of targeting cryptocurrency companies to steal assets to fund their country's initiatives.
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