N.Korea may be behind new US$100m cryptocurrency hack, say experts

SEOUL, June 30 — North Korean hackers are most likely behind an attack last week that stole as much as US$100 million in cryptocurrency from a US company, three digital investigative firms have concluded.

Since then, activity by the hackers suggests they may be linked to North Korea, which experts say is among the most prolific cyber attackers. UN sanctions monitors says Pyongyang uses the stolen funds to support its nuclear and missile programmes. There are strong indications that North Korea’s Lazarus Group may be responsible for this theft, based on the nature of the hack and the subsequent laundering of the stolen funds, another firm, Elliptic, said in a report on Thursday.

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