Hackers of North Korea committed the biggest crypto theft [TKB World]

Incidents of theft have also seen in Cryptocurrency. According to a report, hackers from North Korea had stolen the biggest cryptocurrency last month. Cryptocurrency worth $ 600 million was stolen by cybercriminals from the video game named Axie Infinity. According to a report by The Washington Post, hackers are still able to use the stolen cryptocurrency. Recently, hackers moved Ethereum worth $4.5 million. Cryptocurrency tracking site Etherscan has reported this.

Earlier, the Treasury Department had tried to freeze the assets in which a section was imposed on the digital wallet group that was used in this attack. This gang has been identified by the Treasury Department as Lazarus Group. This group is from North Korea. This group itself hacked Sony Pictures in the year 2014. According to blockchain analytics firm Elliptic, this group of cybercriminals has so far laundered $100 million of stolen cryptocurrency.

Three more addresses related to the gang have been sectioned by the Treasury. International crypto exchange Binance said that it has frozen $5.8 million worth of cryptocurrency transferred by hackers. This crypto theft shows that there is a cat and mouse game going on between low-enforcement and North Korea. The hackers of North Korea are an example of how they have caught the weakness point of the crypto economy. They take advantage of the flaws in crypto platforms and use tools that help them hide these asset trackers and increase privacy.