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Tag: 305m

ZachXBT Points to Lazarus Group for $305M Bitcoin Heist from DMM

ZachXBT Points to Lazarus Group for $305M Bitcoin Heist from DMM

Unpacking the $305 Million crypto Heist: A Digital Pursuit Digital currencies have once again found themselves in the spotlight, but for reasons far from celebratory A colossal sum of $305 million was siphoned off from DMM bitcoin, a prominent Japanese cryptocurrency exchange, in what appears to be a meticulously planned heist The incident has sent shockwaves across the crypto world, not just because of the hefty amount involved but also due to the suspected orchestrator behind this saga - the Lazarus Group A Familiar Modus Operandi The Lazarus Group is no stranger to the global cybercrime scene, infamous for its advanced cyber threats and notorious for its suspected ties to North Korea What has led investigators to draw parallels between this recent breach and the group's previous operations is the sophisticated manner in which the stolen funds have been maneuvered across the digital landscape...

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