North Korean cybercriminals steal $22M from Indonesian crypto exchange | NK News
September 18, 2024
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North Korean cybercriminals steal $22M from Indonesian crypto exchange

Researchers say Lazarus Group used over 150 virtual transactions to launder funds and obscure extent of breach

North Korean cybercriminals stole more than $20 million in cryptocurrency from a leading Indonesian exchange last week, according to Indonesian state media, engineering more than a hundred virtual transactions to stealthily move the illicit funds.

Oscar Darmawan, the chief executive officer of the Indodax exchange, said in a statement that the attackers took advantage of apparent security lapses to potentially steal “several hundred billions of [Indonesian] rupiahs,” national news agency Antara reported on Saturday.

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