Bitcoin DeFi protocol Alex Lab said last month’s $4 million exploit was most likely linked to the North Korean-backed cyber hacking group Lazarus Group.
Alex Lab said in post On Tuesday, after an extensive investigation assisted by cryptocurrency detective ZachXBT, the project identified “substantial transactional evidence linking this attack to the Lazarus Group, a notorious hacker group believed to be linked to the North Korean government.” .
In the post, the team detailed two addresses, one linked to the initial exploit and one linked to the Lazarus Group, which they said were “critical” to tracking the flow of stolen assets. “We are actively working with international law enforcement and cybersecurity experts to address the implications of this attack and recover any lost assets,” Alex Lab said.
May 16th Alex Lab presentation X suffered an exploit using compromised private keys obtained through a phishing attack. “Users were able to exfiltrate some assets from the ALEX protocol,” the project said at the time. Sertic said The attack resulted in approximately $4.3 million in damage.
Since then the project said We have facilitated contact between the Singapore Police and the relevant cryptocurrency exchanges to ensure the security of the stolen assets while the investigation is ongoing.
“Many of the STXs we traced to CEX are currently frozen on the relevant exchanges, indicating they will continue to freeze stolen assets pending police investigations,” Alex Lab said in a separate report. post On Tuesday. “The Foundation will make appropriate announcements as soon as frozen funds are returned to affected users.”
According to CoinGecko, the price of the Alex token has fallen 3.2% in the last 24 hours at the time of publication. data.
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