The co-founder of Tornado Cash, Roman Storm, has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ), Southern District of New York. In a petition submitted on March 29, Storm’s lawyers have laid out several arguments to secure the freedom of the client, including invoking the First […]
Amidst growing concerns of illicit activities involving cryptocurrencies, reports have emerged linking North Korean hackers associated with the notorious Lazarus Group to an exploit of Ethereum (ETH) through the virtual currency mixer Tornado Cash. It is alleged that the hackers are now involved in a transfer to BlackRock, the largest asset management firm, as claimed […]
Alarming Crypto Theft: North Korea-Linked Lazarus Group Accounts For 20% Of 2023’s Losses | Bitcoinist.com
The Lazarus Group, a hacker organization linked to North Korea, has been responsible for crypto hacking incidents resulting in over $300 million in losses in 2023. This accounts for approximately 17.6% of the total losses incurred throughout the year. According to a Fortune Magazine report, despite a decline in major crypto hacking incidents globally, North […]
A well-known North Korean hacker group has once again made headlines this week, as federal authorities have revealed that they successfully stolen approximately $41 million worth of cryptocurrencies. This audacious theft targeted an online casino and betting platform, demonstrating the group’s continued prowess in the world of cybercrime. The Federal Bureau of Investigation (FBI) has […]