FBI attributes largest crypto hack of 2024 to North Korea’s TraderTraitor
The biggest crypto heist of 2024 was conducted by seasoned cybercriminals working on behalf of North Korea’s government, according to the FBI.
On Tuesday, the agency partnered with the Defense Department and the National Police Agency of Japan to explain that $308 million in cryptocurrency stolen from Japanese platform DMM in May had been traced back to North Korean hackers known by many researchers as Lazarus or TraderTraitor.
In late March 2024, a North Korean cyber actor was able to compromise a Japan-based cryptocurrency wallet software firm and then used that access to pivot to DMM, U.S. and Japanese officials said.
“In late-May 2024, the actors likely used this access to manipulate a legitimate transaction request by a…