FBI attributes largest crypto hack of 2024 to North Korea’s TraderTraitor
ID: 4ad1a64b-2995-5848-b880-599c3a89d81a
STIX ID: report--4ad1a64b-2995-5848-b880-599c3a89d81a
Feed Name: The Record from Recorded Future News
Recorded Future and partner agencies report that North Korean-linked APT actors known as Lazarus/TraderTraitor conducted the largest crypto heist of 2024 by compromising a Japan-based wallet software firm and pivoting to DMM, manipulating a legitimate employee transaction to steal 4,502.9 BTC (~$308M at the time). The theft forced DMM Bitcoin to secure large loans, triggered regulatory scrutiny by Japan’s Financial Services Agency over risk management failings, and follows a pattern of high-value crypto thefts previously attributed to the same group.
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