How Industry Leaders Can Change Crypto Freezes and Recovery
Contents
North Korea Laundered $1 Billion of Crypto in 4 Months. How Industry Leaders Can Change Crypto Freezes and Recovery
- julia05126
- 5 days ago
- 8 min read
Updated: 4 days ago
TL;DR ~We in Web3 have waited too long sitting back while criminals attack what is good. It is time for us to come together to fight against those poisoning Web3.
Please join zeroShadow, SEAL, Bybit, WazirX, Sky Mavis, Metamask, 1inch, ENS, Cayman Islands Bureau of Financial Investigation, Cryptoforensic Investigators, and other committed industry leaders in August to discuss actionable next steps in protecting our industry (link to register)
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Since 2014, State-sponsored North Korean cyber actors (broadly called the “Lazarus Group”) have been tracked hacking into and stealing funds from traditional banks, cryptocurrency exchanges, and decentralized finance platforms. Importantly, proceeds from these thefts are directly linked to funding for North Korea’s nuclear programs and other warfare preparations.
Lazarus Group includes a highly destructive subgroup dubbed "TraderTraitor." …
- julia05126
- 5 days ago
- 8 min read
Updated: 4 days ago
TL;DR ~We in Web3 have waited too long sitting back while criminals attack what is good. It is time for us to come together to fight against those poisoning Web3.
Please join zeroShadow, SEAL, Bybit, WazirX, Sky Mavis, Metamask, 1inch, ENS, Cayman Islands Bureau of Financial Investigation, Cryptoforensic Investigators, and other committed industry leaders in August to discuss actionable next steps in protecting our industry (link to register)
_____
Since 2014, State-sponsored North Korean cyber actors (broadly called the “Lazarus Group”) have been tracked hacking into and stealing funds from traditional banks, cryptocurrency exchanges, and decentralized finance platforms. Importantly, proceeds from these thefts are directly linked to funding for North Korea’s nuclear programs and other warfare preparations.
Lazarus Group includes a highly destructive subgroup dubbed "TraderTraitor." …
IoC
https://www.securityalliance.org/news/2025-07-north-korea-cta