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North Korea still moved away with the largest cryptist Heist, this time the destinated $ 1.4 billion, about 400,000 money, Cryptocashency Exchange bybit. The company’s CEO Ben Zhou can cover new finances to fill the company’s gap and can cover all the drawings if you can remember Another exchange of exchange Sakaban also gave the same promise before the sudden collapse.
The company offers 10% grace for any stock returned, although security researchers have no longer had 10% of the stolen funds.
Since the Cryptocurrency operations are marked on a public block, researchers identified as responsible for the latest Heist, North Korea’s state-funded Hacking Group Lazarus Group. According to TechcrunchThe researchers saw many of the many funds stolen from BYBI, “Funds from thefts thrown with more than one DPRK,” said the website of the company’s counterparts and the website of theft “thefts thrown with the thefts with a lot of DPRK.”
Lazarus resulted in other cryptist in recent years Attack on Crypto Game Company Axie Infinity What hackers were able to work with $ 625 million.
After the North Korea was struck in 2017 in 2017, he struck the country’s crypto-hacking skills, squeezing the country’s nuclear weapons, which prohibits the export of North Korean goods. Crypto, of course, has a centralized technology – there is no bank or regulatory body that can freeze around money or freezing a wallet
In the case of ByBIT attack, it seems to be managed by Lazarus Use social engineering tactics Allows the exchange employees to change the contract language of hackers to refuse a transaction that employees believe that employees are a daily transfer and control a wallet in which customer funds are caught. This can only make it in a clear way how it happened, but it is a good reminding of how fragile of the exchanger. Several people are the last line of the defense and cannot easily retreat after the money goes. Unfortunately, the name of the Cold Wallet of Bybit was called Genesis Safe. If your employees can be deceived to sign a malicious operation, it’s not exactly ‘safe’.
Although the ways to make stolen funds make it difficult to make true cash, they found ways such as North Korea’s use Mixing services Obfus the origin and destination of the funds. It continues to sit in Ten Millions of Cryptocurrence, which is stolen in the country for years, waiting for them to wait until a method cannot find a method.
Crypto skeptics, such as Hacks says why is the main example of the need for rules. North Korea cannot steal the Fiat currency in the same way, because this should pass a global Internet of banks that have a serious money to follow the laws of dirty and KYC (known customer). The supporters of cryptist, the Fiat use the money, and this Crypto mixing services are individual privacy. Wealthy persons or opponents should be able to mask their funds so that for example, not to target. Who can bet Jong flour agreed. The President Trump in everyone in his memecoin is also a sympathetic figure of the industry.
