North Korean Lazarus Group amasses over $40M in Bitcoin, data reveals

North Korean hacking collective Lazarus Group holds a whopping $47 million in cryptocurrency, most of which is in Bitcoin (

On Sept. 13, Cointelegraph reported that Lazarus Group carried out the attack on crypto exchange CoinEx, which lost at least $55 million.

The FBI has also pointed the finger at Lazarus for the Alphapo, CoinsPaid and Atomic Wallet hacks, which collectively added up to more than $200 million that the group stole in 2023.

However, Chainalysis reported that crypto thefts by North Korea-linked hackers are down a whopping 80% from 2022. As of mid-September, North Korea-linked groups had stolen a total of $340.4 million in crypto, down from a record $1.65 billion in pilfered digital assets in 2022.

Late last week, U.S. federal authorities warned of “significant risk” for potential attacks on U.S. healthcare and public health sector entities by Lazarus Group.

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