As investigations unfolded, authorities traced the assault back to North Korea?�s notorious Lazarus Group, a condition-backed cybercrime syndicate which has a prolonged history of focusing on financial institutions.
Cold storage: A significant portion of consumer money ended up saved in chilly wallets, which might be offline and thought of much less prone to hacking attempts.
The sheer scale of your breach eroded have faith in in copyright exchanges, resulting in a drop in buying and selling volumes as well as a change toward more secure or controlled platforms.
When the licensed personnel signed the transaction, it absolutely was executed onchain, get more info unknowingly handing control of the chilly wallet more than to your attackers.}