Alphapo

#Alphapo • 2023-07

🇻🇨 Saint Vincent and the Grenadines

Alphapo, a centralized cryptocurrency payment provider serving e-commerce subscription services, gaming sites and online businesses, suffered a hot-wallet compromise later estimated at more than $60 million. On-chain researchers and subsequent FBI-linked reporting associated the stolen funds and laundering patterns with DPRK TraderTraitor-affiliated actors, also known as Lazarus Group and APT38, with funds swapped for ETH and bridged toward Bitcoin and Avalanche in patterns resembling prior Lazarus cryptocurrency thefts.

Related Actors

Lazarus

Novetta

Novetta coined the name "Lazarus Group" as part of Operation Blockbuster, an industry coalition it led with partners including Kaspersky Lab and Cisco Talos that publicly disclosed its findings on 24 February 2016. Kaspersky's contribution to that release traced the actor's activity back to 2009, noted a spike from 2011 and steady growth from 2013, and folded malware and campaigns previously tracked separately, including Operation Troy, DarkSeoul, Hangman (2014-2015) and Wild Positron/Duuzer (2015), into a single cluster alongside the malware publicly attributed to the Sony Pictures Entertainment (SPE) breach. Novetta's own reverse engineering identified a spreader built specifically with SPE network and account details to deliver a destructive wiper. Across the analyzed malware set the group fielded a large toolkit of remote-administration trojans built on a shared code base, worm-style network spreaders, peer-to-peer staging tools, and web-server backdoors, alongside spearphishing that included a Hangul Word Processor zero-day, password-protected ZIP droppers, self-deleting batch scripts, and sandbox-evasion checks. Targets spanned financial, media and manufacturing organizations with a recurring focus on South Korea, and operations blended cyberespionage with destructive, data-wiping attacks.

Operation Blockbuster
First seen: 2016-02 • Last seen: 2026-08

Related Reports

« Back