Tag: lazarus
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Lazarus Group Funnels Over $30 Million Through Hyperliquid Amidst Platform’s Push for Regulated U.S. Market Entry
Wallets linked to the notorious North Korean state-sponsored hacking group, Lazarus Group, have reportedly moved in excess of $30 million through the decentralized perpetual exchange Hyperliquid. This revelation, brought to light by blockchain researcher Emmett Gallic, places the illicit financial activity in direct juxtaposition with Hyperliquid’s ongoing efforts to secure a regulated pathway into American…
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Bybit Files Landmark Federal Lawsuit Against North Korea and Lazarus Group Over $1.5 Billion Crypto Heist, Securing Preliminary Asset Freeze
Bybit, a leading global cryptocurrency exchange, has escalated its efforts to recover nearly $1.5 billion in Ether stolen during a sophisticated cyberattack in February 2025, by filing a landmark federal lawsuit in the U.S. District Court for the District of Columbia. This significant legal action targets the Democratic People’s Republic of Korea (DPRK), its primary…
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Lazarus Group Orchestrates 292 Million Dollar KelpDAO Exploit via LayerZero Infrastructure Manipulation and RPC Poisoning
The decentralized finance ecosystem was jolted on April 18 when approximately 116,500 rsETH, a liquid restaking token issued by KelpDAO, was illegitimately drained from a LayerZero-based bridge contract on the Ethereum mainnet. The exploit, valued at roughly $292 million at the time of the incident, represents one of the most sophisticated "trust-layer" attacks in recent…
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