Threat Management

Atomic Wallet loses over $100M in Lazarus Group heist

Reuters reports that Atomic Wallet had more than $100 million stolen by the North Korean state-sponsored threat operation Lazarus Group in a cryptocurrency heist earlier this month. Lazarus Group was able to exfiltrate the cryptocurrency assets from over 5,500 digital wallets, according to a report from Elliptic, which noted that the Atomic Wallet theft is the group's largest operation since stealing nearly $100 million from U.S. cryptocurrency company Harmony. Atomic Wallet has previously confirmed receiving reports of compromised wallets, with Chainalysis sought by the firm to investigate but neither have commented on Elliptic's findings. North Korea has also not provided comment on the Atomic Wallet attack but the country was reported by the United Nations to have had the most lucrative cryptocurrency asset theft haul last year, with the proceeds noted by international monitors to have been used to support its nuclear weapons program.

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