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.
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Coverage Details
Total News Sources0
Leaning Left4Leaning Right12Center9Last UpdatedBias Distribution48% Right
Bias Distribution
- 48% of the sources lean Right
48% Right
L 16%
C 36%
R 48%
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