FBI Says North Korean Hackers Stole More Than $800M In Cryptocurrency In Single Hack

By CNN

The FBI has blamed hackers associated with the North Korean government for stealing more than $810 million in cryptocurrency last month from a video gaming company, the latest in a string of audacious cyber heists tied to Pyongyang.

“Through our investigation we were able to confirm Lazarus Group and APT38, cyber actors associated with the DPRK, are responsible for the theft of US$620 million in Ethereum reported on March 29th,” the FBI said in a statement.

“DPRK” is an abbreviation for North Korea’s official name, the Democratic People’s Republic of Korea, and Ethereum is a technology platform associated with a type of cryptocurrency.

The FBI has blamed hackers associated with the North Korean government for stealing more than $810 million in cryptocurrency. (Getty)

The FBI was referring to the recent hack of a computer network used by Axie Infinity, a video game that allows players to earn cryptocurrency.

Sky Mavis, the company that created Axie Infinity, announced on March 29 that unidentified hackers had stolen the equivalent of roughly $810 million — valued at the time of the hack’s discovery, on March 23 from a “bridge,” or network that allows users to send cryptocurrency from one blockchain to another.

The US Treasury Department on Thursday sanctioned Lazarus Group, a wide swath of hackers believed to work on behalf of the North Korean government.

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