FBI Traces $40M in Stolen BTC to North Korea-Linked Lazarus Group

<p>The Federal
Bureau of Investigation (FBI) has traced over $40 million worth of
Bitcoin (BTC) stolen this week to Lazarus Group, a hacking group linked to the North
Korean government. The group, which uses malicious applications to target
cryptocurrency companies and individuals, is also known as Trader-Traitor.</p><p>Lazarus Implicated in $40 Million Bitcoin Theft</p><p>In <a href="https://www.fbi.gov/news/press-releases/fbi-identifies-cryptocurrency-funds-stolen-by-dprk" target="_blank" rel="follow">a
statement</a> released yesterday (Tuesday), the FBI noted that approximately 1,580
BTCs were stolen and are currently being held in six BTC addresses. The US domestic
intelligence and security service added that the group may attempt to cash out
the stolen digital asset. </p><p>Furthermore, the agency pointed out that the group is behind several significant crypto thefts recorded in recent
months. These include the heist of $60 million in digital assets from Alphapo,
the $37 million stolen from CoinsPaid, and a $100 million theft from Atomic
Wallet, all of which were carried out in June this year.</p><blockquote><p lang="en" dir="ltr">