Lazarus Group Suspected in $305M DMM Bitcoin Hack in July 2024 – Crypto News – Crypto News
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Lazarus Group Suspected in $305M DMM Bitcoin Hack in July 2024 – Crypto News

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The notorious Lazarus Group is suspected to be behind the recent $305 million hack of the Japanese cryptocurrency exchange DMM Bitcoin in July 2024.

The notorious Lazarus Group is suspected to be behind the recent $305 million hack of the Japanese cryptocurrency exchange DMM Bitcoin in July 2024.

According to cryptocurrency sleuth ZachXBT, over $35 million from the hack has already been laundered to the online marketplace Huione Guarantee.

The laundering techniques and off-chain indicators point towards the involvement of the Lazarus Group, a cybercrime syndicate known for its sophisticated operations.

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