Anıl (nigrumardeat)

Lazarus Group, North Korea’s hacking arm, has wrecked the blockchain scene. Major heists: $620M ETH/USDC from Ronin (2022), $100M from Horizon (2022), $100M from Atomic Wallet (2023), and now $1.4B ETH from Bybit

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How they do it: Exploiting weak validators (Ronin), jacked private keys (Horizon), malware or supply chain hits (Atomic), and likely more of the same for Bybit. DeFi and bridge security keep taking brutal Ls.

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Stolen loot? Laundered through Tornado Cash, mixers, and chain-hopping. Proceeds reportedly fund North Korea’s weapons programs, sparking sanctions on blockchain tools and geopolitical heat.

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