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Treasury Department Sanctions Lazarus Group Over $615M Crypto Hack

U.S. officials have fingered the North Korean hacking collective Lazarus Group in a massive $615 million crypto heist. So reports the CNBC.

north korean flag g0423904b2 640To that end, the Treasury Department’s Office of Foreign Assets Control has sanctioned the group’s ethereum wallet. The hackers exploited a blockchain “bridge” designed to allow users to transfer digital assets across networks in order to rip off the funds.

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