Lazarus Group accused of stealing £ 17 million in cryptocurrency, leading to Lykke's bankruptcy
On August 18th, the Lazarus Group, a North Korean hacker group, was accused of stealing approximately £ 17 million worth of cryptocurrency from Lykke, a UK registered cryptocurrency trading platform, making it the largest North Korean cryptocurrency theft case in the UK. Lykke suspended operations last year due to losses exceeding $22.8 million and was ordered to liquidate by the court in March of this year. The Office for Financial Sanctions Enforcement (OFSI) of the UK Treasury reported that funds from this attack were stolen into the Bitcoin and Ethereum networks. Israeli research company Whitestream also attributed this to Lazarus, but some researchers have doubts about the conclusion.
