Lazarus Group

The Lazarus Group, a North Korean hacking syndicate, has elevated its crypto phishing tactics by exploiting LinkedIn's trust. They impersonate industry figures to lure unsuspecting victims, highlighting the need for enhanced cybersecurity measures in the crypto community.

This group of scammers has been associated with numerous rug pulls, including projects like Magnate, Kokomo, Solfire, and Lendora.

Tornado Cash’s co-founder, Roman Storm, is challenging accusations made by US authorities, asserting that the service is not intended for facilitating money laundering.

Lazarus Group's sophisticated hacking operations continue to plague the crypto world, accounting for a significant portion of 2023's crypto thefts. Their actions not only reflect the ongoing threats in the digital finance realm but also the need for concerted global efforts to counter such cybercrimes.

he Lazarus Group, associated with North Korea, caused over $300 million in losses through crypto hacking incidents in 2023.

Amidst a surge in cryptocurrency interest, Phoenix Group's debut on the Abu Dhabi Securities Exchange marks a pivotal moment in the region's financial evolution.

The FBI and the Dutch Financial Intelligence and Investigation Service have seized the websites of a crypto mixer named Sinbad, allegedly used by North Korean hackers and cybercriminals for laundering stolen funds.

The Lazarus Group, a North Korean hacking entity, has raised global cybersecurity concerns by amassing a substantial $3 billion through sophisticated cryptocurrency heists.

Abu Dhabi-based Bitcoin mining firm Phoenix Group has made headlines with a triumphant $370 million fundraising through its recent initial public offering (IPO).