CNN reported North Korean hackers were the likely culprits behind the $35 million cryptocurrency theft on Atomic Wallet. They allegedly drained specific customer accounts.
“The stolen assets are being laundered using specific services, including the Sinbad mixer, which has also been used to launder the proceeds of past hacks perpetrated by the Lazarus Group.” According to CNN, US officials worry the country could use the funds for nuclear and ballistic weapons programs. Also, a White House official told the news outlet North Korea has funded around half of its missile program via crypto theft. The authorities have not shared further information at the time of writing.Bitcoin became popular around 2020 when people learned others became instant millionaires from the digital asset. Nowadays, the hype waned, yet people continue to invest.