News COINTELEGRAPH IN YOUR SOCIAL FEEDconfirmed earlier industry investigation that North Korea was responsible for the hack, which the US law enforcement agency dubbed as “TraderTraitor” in a Feb. 26 public service announcement.

The FBI noted in an April 2022 statement that TraderTraitor is commonly referred to in the industry as the Lazarus Group, APT38, BlueNoroff and Stardust Chollima.

“TraderTraitor actors are proceeding rapidly and have converted some of the stolen assets to Bitcoin and other virtual assets dispersed across thousands of addresses on multiple blockchains,” the FBI said in its recent announcement.

“It is expected these assets will be further laundered and eventually converted to fiat currency.”

The FBI has called on Remote Procedure Call node operators, exchanges, bridges, blockchain analytics firms, decentralized finance service providers and others

Keep reading this article on Cointelegraph.com.

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