As investigations unfolded, authorities traced the attack again to North Korea?�s infamous Lazarus Team, a state-backed cybercrime syndicate that has a prolonged history of focusing on monetary establishments.
Chilly storage: A good portion of user funds ended up saved in cold wallets, which might be offline and regarded as considerably less at risk of hacking tries.
The sheer scale of your breach eroded have faith more info in in copyright exchanges, leading to a decline in investing volumes and also a shift towards safer or controlled platforms.
2023 Atomic Wallet breach: The team was linked to the theft of over $100 million from end users of the Atomic Wallet support, using subtle strategies to compromise person belongings.}