North Korean hackers Cash hundreds of millions of 1.5 billion of 1.5 billion bibite

Hackers thought they worked in the North Korean regime successfully cashed at least $ 300 million (£ 232 million) of their breaking for records 1.5 billion Cripto Heist.

Criminals, known as Lazarus Group, shifted huge towing digital tokens in Haki on Cripto Exchange Bibit two weeks ago.

Since then, it was a game of cats and mouse to follow and block hackers to successfully convert cry into usable money.

Experts say that the infamous hack team is working almost 24 hours a day – potentially that money is transferred to military development regimes.

“Every minute issues for hackers trying to confuse money and they are extremely sophisticated in what they do,” said Dr. Tom Robinson, co-founder of the Cripto Elliptić investigator.

Of all criminal actors involved in CRIPTO currency, North Korea is the best in writing cropto, says Dr. Robinson.

“I imagine having the whole room of people who do this using automated tools and multi-year experience. We can see only a few hours from their activities, probably work in shifts to convert cash.”

Elliptic’s analysis is used with Bibit, which says 20% of the funds now “went dark”, which means it is likely to ever return.

The United States and allies accuse North Korean to perform dozens of hacks in recent years to finance the military and nuclear regime regime.

21. February Criminals healed one of Vibita suppliers to secretly change the address of digital wallet to send 401,000 Etherum CRIPTO coins.

Bibit thought the funds were transferred to their own digital wallet, but instead he sent all hackers.

Ben Zhou, General Manager of Bibita, insured to customers not to have taken none of their means.

Since then, the company has been filled with stolen coins with investors’ loans, but in Zhour’s words “leading the war in Lazarus”.

Bibit’s Bount Lazarus program encourages public members to find stolen funds and freeze where possible.

All CRIPTO transactions are displayed on a public blockade, so it is possible to follow the money because the Lazarus group moved.

If hackers try to use the mainstream crypto service to try to convert coins to normal money like dollars, coin cropto can frozen by company if they think they are associated with crime.

So far, 20 people have shared more than $ 4 million on the awards for successfully recognizing $ 40 million in stolen money and warning the crops of the firm to block transfers.

But experts decreased due to the chance that the rest of the funds are compensated, given the northern Korean expertise in hacking and monitoring money.

“North Korea is a very closed system and a closed economy, so they have created a successful industry for hacking and washing and do not care about the negative impression of cyber crime,” said Dr Dorit Dor Chiber Company Check Point.

Another problem is that not all crypto companies help as another.

Cripto Exchange Excher accuses Bibit and others not to stop criminals.

More than $ 90 million has been successfully functioned through this exchange.

But through the e-mail of the EXCH – Johann Roberts’s emasive owner – challenges.

He admits that they did not stop the funds at first, because his company was in a long current dispute with Bibit, and he says that his team was not sure that coins were definitely from Haka.

He says he has now collaborated, but he claims that Mainstream companies identifying Crypto customers leave private and anonymous benefits of currency crypt.

North Korea never admitted that behind Lazarus Group, but considered the only country in the world that uses its hugged powers for financial winning use.

Earlier, Hackers Lazarus Group targeted the banks, but in the last five years specialized in attacking cryptocurrent companies.

The industry is less well protected by smaller mechanisms that will stop the funds washing them.

Recent Haks Related to North Korea include:

• 2019 Hack on Upbit for $ 41 million
• Crypt of $ 275 million from CRIPTO from Exchange Kucoin (most funds were restored)
• Bridge Attack 2022. The year hackers who have $ 600 million in Kruptou
• Approximately $ 100 million in a cript was stolen in attack at atomic wallet 2023. Years

In 2020. The United States added North Korea accused of part of the Lazarus Group on their cyber list. But the chances of individuals ever arrest are extremely slim, unless they leave their country.