North Korean Hackers Are Accumulating These Altcoins!

Cryptocurrency tracker Dune Analytics has obtained new data on which altcoin units the North Korean Lazarus group holds.
 North Korean Hackers Are Accumulating These Altcoins!
READING NOW North Korean Hackers Are Accumulating These Altcoins!

Large embargoes still continue for North Korea, which has been excluded from world politics for many years. The Asian country, known for its successive military tests, has been extensively using malicious groups that steal altcoins to obtain financing in recent years.

Cryptocurrency tracker Dune Analytics has obtained new data from the North Korean Lazarus group, which attacks stock markets and other platforms. Experts determined that the hacker group last held $47 million worth of cryptocurrencies. Investors are wondering which altcoin units the criminal organization in question has.

According to the chart shared by Dune Analytics, there is a large amount of BTC in wallets affiliated with Lazarus Group. 42.5 million of the 47 million dollars consists of Bitcoin. Experts listed the other altcoin units accumulated in these addresses as follows:

  • Ethereum (ETH): $1.9 million
  • Binance Coin (BNB): $1.1 million
  • BUSD and other stablecoins: $640 thousand

Cryptocurrencies in the hands of North Korean hackers confused many people. Investors are wondering why Lazarus interestingly does not prefer privacy-themed altcoins. Tokens such as Monero (XMR), Zcash (ZEC) and Dash (DASH) are among the cryptocurrencies that stand out with their promise of privacy.

Lazarus Group is held responsible for the recent Stake.com, Alphapo and CoinsPaid attacks in the industry. American authorities are closely monitoring approximately 300 cryptocurrency addresses belonging to hackers.

American institutions are particularly concerned about the group’s attack on the country’s healthcare infrastructure.

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