North Korean hackers may attempt to cash out stolen bitcoin (BTC) worth more than $40 million, the Federal Bureau of Investigation (FBI) said in a statement on Tuesday.
The North Korea-based Lazarus Group and APT38 were reportedly behind a series of cryptocurrency hacks earlier this year, including the $60 million theft from payment processor Alphapo and the $100 million exploit of Atomic Wallet, the FBI said.
In January, the FBI named the two groups as being behind last year's Horizon Bridge hack, which resulted in the loss of over $100 million.
Six wallets containing a total of 1,580 bitcoin ($41 million) were identified as connected to the hacker groups, and the FBI warned cryptocurrency companies against interacting with those wallets.
"The FBI will continue to expose and combat the DPRK’s use of illicit activities—including cybercrime and virtual currency theft—to generate revenue for the regime," it said.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.