NEAR Intents attacker transferred approximately 3865000 USD to KuCoin and converted it into BTC, with the address suspected of being linked to Lazarus Group
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AT A GLANCE
NEAR Intents stolen funds were reportedly transferred to KuCoin and converted into BTC, with the relevant addresses suspected of being linked to Lazarus Group.
Article
NEAR Intents attacker or suspected to be associated with Lazarus Group
PANews October 1 reported, citing PeckShield monitoring, that NEAR Intents security incident attacker has transferred approximately 3865000 USD of the stolen funds to KuCoin and subsequently converted them cross-chain into BTC. PeckShield stated that the relevant attack addresses have been identified, and associated addresses have been marked as suspected of being linked to the North Korean hacker group Lazarus Group. Earlier,NEAR Intents disclosed that the preliminary loss from the security incident was approximately 3800000 USD, and that the related losses would be fully reimbursed.
PANews cited PeckShield monitoring as saying that the attacker transferred approximately 3865000 USD of the stolen funds to KuCoin.
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PeckShield said that the stolen funds were subsequently converted cross-chain into BTC。
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PeckShield stated that the relevant attack addresses have been identified, and associated addresses have been marked as suspected of being linked to Lazarus Group.
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NEAR Intents previously disclosed that the preliminary loss from the security incident was approximately 3800000 USD。
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NEAR Intents previously disclosed that the related losses would be fully reimbursed.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a follow-up to a security incident: the monitoring party said that the stolen funds had entered KuCoin and had been converted into BTC. Associated addresses of the attack addresses were marked as suspected of being linked to Lazarus Group, but the original text did not confirm the attacker's identity.
Why it matters to readers
The continued transfer and cross-chain conversion of the funds may make tracking and handling more difficult; meanwhile,NEAR Intents has disclosed the preliminary loss and stated that it will provide full reimbursement.
If you use NEAR Intents, you should follow up on the reimbursement and official security incident updates. The “suspected association” in the article does not mean that the attacker's identity has been confirmed.
Risks and unknowns
The association with Lazarus Group is only a suspected designation; the original text provides no independent confirmation.
Approximately 3865000 USD transferred amount and approximately 3800000 USD preliminary loss amount differ; the original text does not explain why.
The original text does not state whether KuCoin has frozen or disposed of the relevant funds.
The original text does not state the compensation progress or completion date.
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Related concepts
Cross-chain conversion
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