Japan says North Korean hackers behind $308M Bitcoin theft in May
- The hacker group TraderTraitor, based in North Korea, is likely responsible for the $308 million Bitcoin theft from a Japanese cryptocurrency exchange in May, according to Japan's National Police Agency.
- The police tracked the stolen Bitcoin flow to an account managed by TraderTraitor, which is suspected to be linked to the Lazarus hacking group sponsored by the North Korean government.
- The theft forced the exchange, DMM Bitcoin, to close its doors after suspending services due to unauthorized fund leakage detected on May 31.
- U.S. authorities have been monitoring TraderTraitor's activities since 2022, when it began targeting the blockchain space with fake apps.
93 Articles
93 Articles
Japan Today
Kyodo News+North Korean hacker group identified in theft of DMM Bitcoin assets
A North Korea-linked hacker group stole digital assets worth 48.2 billion yen from Tokyo-based cryptocurrency exchange DMM Bitcoin Co in May, Japanese police said Tuesday. The hacker group was identified by the police as TraderTraitor following an investigation conducted in collaboration with the U.S. Department of Defense and the Federal…
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FBI and Other Federal Agencies Identify Hacker Behind $308,000,000 Hack of DMM Crypto Exchange - The Daily Hodl
North Korean hackers stole $308 million in Bitcoin (BTC) from Japanese cryptocurrency exchange DMM in May 2024, federal investigators confirmed Tuesday. The FBI, Japan’s National Police Agency and the Department of Defense Cyber Crime Center identified the North Korean group known as “TraderTraitor” as responsible for the theft of 4,502.9 Bitcoin, according to a new press release from the FBI. Investigators say the breach began in March when a h…
Authorities say North Korean hackers responsible for $308M Bitcoin theft in Japan
Japan's National Police Agency said on Tuesday that the hacker group TraderTraitor, which is based in North Korea, is likely responsible for a May hack that allowed $308 million in Bitcoin to be taken from a Japanese cry
Hyperliquid Sees Massive Outflows Amid Concerns Over Alleged Presence Of North Korea-Linked Hackers
Layer 1 cryptocurrency derivatives platform Hyperliquid has suffered a massive blow amid rising fears over the platform’s security after a security expert revealed that hackers linked to North Korea (the Democratic People’s Republic of Korea) had been using the Hyperliquid platform for at least a few months now. Despite the news, the price of HYPE, the platform’s native token, remains in the green and is up by nearly 4% in the last 24 hours. On …
According to Japanese and US sources, North Korean hackers have stolen millions in digital currencies. As the Japanese police announced on Tuesday, cryptocurrencies worth more than 300 million dollars (around 288 million euros) were stolen from the Japanese crypto exchange DMM Bitcoin. The crime was committed by the TraderTraitor group. According to the US Federal Bureau of Investigation (FBI), these are "North Korean cyber actors". The group is…
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