Lazarus Group Moves $147.5M in Stolen Crypto (BTC, ETH) to North Korea, UN Report Reveals
A confidential United Nations report obtained by Reuters reveals that North Korea’s notorious cybercriminal group known as the Lazarus Group transferred millions of stash of stolen cryptocurrency back to the Asian country last year.
According to a report submitted last week, the monitors told a United Nations Security Council (UNSC) sanctions committee that they had been probing 97 suspected North Korean cyberattacks on cryptocurrency firms between 2017 and 2024, valued at approximately $3.6 billion.
The monitors also reported that North Korean IT workers abroad earn significant income for their country based on information from U.N. member states and private companies. They were also looking into a New York Times report from February 6, which claimed that Russia had released $9 million out of $30 million in frozen North Korean assets and had permitted Pyongyang to open an account at a Russian bank in South Ossetia, facilitating better access to international banking networks.
