As investigations unfolded, authorities traced the attack again to North Korea?�s infamous Lazarus Team, a state-backed cybercrime syndicate which has a prolonged history of focusing on economical institutions.
Cold storage: A significant portion of user money have been saved in chilly wallets, which happen to be here offline and regarded as significantly less at risk of hacking tries.
The sheer scale in the breach eroded believe in in copyright exchanges, bringing about a decrease in trading volumes along with a change toward safer or regulated platforms.
When the authorized staff signed the transaction, it was executed onchain, unknowingly handing Charge of the cold wallet about on the attackers.}