Lazarus Group, North Korea-Linked Hackers, Steal $3 Billion in Cryptocurrency Over Six Years

According to a report by cybersecurity firm Recorded Future, the Lazarus Group, a North Korea-linked hacker organization, has stolen $3 billion in cryptocurrency over the past six years. The report also reveals that in 2022 alone, the group stole $1.7 billion in cryptocurrency, likely to fund North Korean projects. Out of this total, $1.1 billion was stolen from decentralized finance (DeFi) platforms, according to blockchain data analysis firm Chainalysis. The U.S. Treasury Department has introduced new sanctions against North Korea's cyber activities, adding 'Sinbad' to the Office of Foreign Assets Control's specially designated sanctions list, who has been implicated in laundering the cryptocurrencies stolen by the Lazarus Group.