The U.S. government said it believes North Korean hackers are preparing to cash out millions of dollars stolen during a spate of high-profile crypto hacks.
On Tuesday, the FBI warned cryptocurrency companies about recent blockchain activity connected to the theft of hundreds of millions of dollars in cryptocurrency by malicious actors affiliated with the North Korea-backed Lazarus Group, also known as APT38 and “TraderTraitor.”
The FBI said that over the past 24 hours, it had tracked approximately 1,580 Bitcoin — worth more than $40 million — that the North Korean hackers are currently holding
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