As investigations unfolded, authorities traced the assault back to North Korea?�s notorious Lazarus Team, a condition-backed cybercrime syndicate which has a extended record of focusing on economical institutions.
Chilly storage: A good portion of consumer cash ended up saved in chilly wallets, which happen to be offline and considered much less vulnerable to hacking makes an attempt.
The sheer scale in the breach eroded have confidence in in copyright exchanges, leading to a drop in website buying and selling volumes as well as a shift towards more secure or controlled platforms.
After the authorized staff signed the transaction, it absolutely was executed onchain, unknowingly handing control of the chilly wallet in excess of for the attackers.}