As investigations unfolded, authorities traced the assault back again to North Korea?�s infamous Lazarus Group, a point out-backed cybercrime syndicate with a extended historical past of focusing on fiscal institutions.
Chilly storage: A significant portion of consumer money ended up saved in cold wallets, which might be offline and read more considered a lot less susceptible to hacking makes an attempt.
The sheer scale of the breach eroded have confidence in in copyright exchanges, resulting in a decrease in buying and selling volumes in addition to a change towards safer or regulated platforms.
2023 Atomic Wallet breach: The group was connected to the theft of around $100 million from people in the Atomic Wallet assistance, employing complex methods to compromise consumer property.}