Crypto Hackers Stole $3.8 Billion in 2022

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Crypto Hackers Stole $3.8 Billion in 2022
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DeFi hacks accounted for most of the sum

Axie Infinity's $650 million Ronin bridge hack, which took place last March, made plenty of headlines in the media due to the sheer amount of losses., the security incident was later linked to North Korea's state-controlled hacking group called Lazarus Group. The criminal syndicate was also responsible for an attack on Horizon Breach that took place last summer.

After attacking film studio Sony Pictures and pulling off the WannaCry cyberattack that affected hundreds of computers around the world, North Korean hackers turned to crypto heists in order to finance the Kim Jong Un regime.Some malicious actors from North Koreain order to infiltrate cryptocurrency companies by pretending to be non-North Korean nationals.

Lazarus has been using the Tornado Cash mixing service, which has been slapped with sanctions by U.S. authorities.

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