North Korea accused of £17m crypto heist that killed British start-up
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Lazarus cyber gang believed to have used stolen funds to boost military and nuclear programmes
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Technology Editor
North Korean hackers have been accused of a £17m Bitcoin heist that brought down a UK-based cryptocurrency company.
Lazarus, the hermit kingdom’s notorious cyber gang, has been identified as the potential culprit behind the theft of cryptocurrency from Lykke, a trading platform incorporated in Britain.
If confirmed, it would be North Korea’s biggest-known cryptocurrency heist to target Britain. The pariah state has made billions in recent years stealing cryptocurrency to fund its military and nuclear programmes.
Lykke was founded in 2015 and operated from Switzerland but was registered in the UK. The company said last year that it had lost $22.8m (£16.8m) in Bitcoin, Ethereum and other cryptocurrencies, forcing it to halt operations.
In March a judge ordered the company to be liquidated …
Give full access to this article, free time. You have 15 articles left to gift, this month.
Technology Editor
North Korean hackers have been accused of a £17m Bitcoin heist that brought down a UK-based cryptocurrency company.
Lazarus, the hermit kingdom’s notorious cyber gang, has been identified as the potential culprit behind the theft of cryptocurrency from Lykke, a trading platform incorporated in Britain.
If confirmed, it would be North Korea’s biggest-known cryptocurrency heist to target Britain. The pariah state has made billions in recent years stealing cryptocurrency to fund its military and nuclear programmes.
Lykke was founded in 2015 and operated from Switzerland but was registered in the UK. The company said last year that it had lost $22.8m (£16.8m) in Bitcoin, Ethereum and other cryptocurrencies, forcing it to halt operations.
In March a judge ordered the company to be liquidated …