New data indicates that Lazarus, a North Korean criminal enterprise, may be behind the attack against CoinEx. The information comes as the exchange was hit a third time.
Separately, another address which is tagged as CoinEx Exploiter on the ARB and OP chains is also tagged as Stake Exploiter on the Polygon chain. This suggested that the same address is being used for two exploits.
Given that the FBI has previously linked the Stake Exploiter to the North Korean hackers Lazarus Group, it is plausible that all three exploiters – Alphapo, CoinEx, and Stake – may be associated with this group according to SlowMist.Besides its recent exploitation, Lazarus has a history of criminal activities. Before targeting Stake, they stole $60 million from crypto payment providers Alphapo and CoinsPaid.
In June, Lazarus pulled off its largest heist of the year, siphoning off $100 million from another wallet provider, Atomic Wallet. Furthermore, the group’s hackers infiltrated an American IT company, JumpCloud, and used it to target cryptocurrency companies, according to a Reuters report.Initially, it was assumed that the hackers struck twice and ended up escaping with the funds.
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