Cryptonews24 3 months ago
cryptonews24 #news

Lazarus Group Now Targeting Individual Crypto Traders – $5.2M Stolen in Latest Attack

North Korea’s Lazarus Group, one of the most notorious hacking syndicates, has shifted its focus from large exchanges to individual crypto traders, stealing $5.2 million (1,000 ETH) in a recent attack. The stolen funds were laundered through Tornado Cash and distributed across multiple wallets, continuing the group’s long-standing pattern of funding Pyongyang’s nuclear ambitions through cybercrime.

How Did the Hack Happen?

🔹 Victim: A single high-net-worth crypto trader

🔹 Attack Method: Likely spear-phishing or malware (Lazarus’s signature tactics)

🔹 Money Laundering:

  • Funds routed through Tornado Cash (privacy mixer)
  • Split into multiple wallets to avoid detection
  • Funneled through Russian criminal networks & Chinese OTC brokers
Why Is Lazarus Targeting Individual Traders?

1️⃣ Easier to Exploit – Unlike exchanges, traders often have weaker security.

2️⃣ Less Visibility – Small thefts attract less scrutiny than exchange hacks.

3️⃣ Funding North Korea’s Regime – Stolen crypto helps bypass global sanctions and finances weapons programs.

How to Protect Yourself

✅ Use hardware wallets (avoid keeping large sums on exchanges)

✅ Enable 2FA & anti-phishing codes

✅ Avoid suspicious links & downloads

✅ Monitor wallet activity for unauthorized transactions

The Bigger Picture: Lazarus’s Global Crypto Heists
  • Total stolen since 2017: $3+ billion (mostly from exchanges like Axie Infinity, KuCoin)
  • Preferred laundering tools: Tornado Cash, Sinbad mixer (now shut down), OTC brokers
  • Linked to North Korea’s nuclear program (UN reports confirm crypto thefts fund missiles)
Final Warning

Lazarus Group is expanding its targets, and no one is safe. If you’re a crypto trader, take security seriously—your wallet could be next.

#LazarusGroup #NorthKorea #CryptoHack #TornadoCash #Cybersecurity #Cryptocurrency #Blockchain #Phishing #Cybercrime #ETH #CryptoNews #CryptoScams #DeFi

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