Elliptic disclosed: North Korea has been involved in 50 crypto security incidents this year, with approximately 1200000000 USD
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Elliptic said it has tracked 50 security incidents linked to North Korea this year, with total stolen funds of approximately 1200000000 USD。
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Elliptic: North Korea’s crypto thefts this year have exceeded 1200000000 USD
PANews September 30 According to Insurance Journal, blockchain analytics firm Elliptic disclosed that it has tracked 50 security incidents linked to North Korea, with total stolen funds of approximately 1200000000 USD. Some of the funds stolen from Bitget overlap with addresses linked to last year’s 1500000000 USD theft incident at the Bybit exchange. On-chain money-laundering patterns initially indicate that the Bitget incident was carried out by the hacker group TraderTraitor.
The report cited Insurance Journal as saying that blockchain analytics firm Elliptic has tracked 50 security incidents linked to North Korea.
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Elliptic disclosed that total stolen funds since the beginning of the year amount to approximately 1200000000 USD。
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Some of the funds stolen from Bitget overlap with addresses linked to last year’s Bybit exchange 1500000000 USD theft incident.
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On-chain money-laundering patterns initially indicate that the Bitget incident was carried out by the hacker group TraderTraitor.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The report says that analysts linked multiple security incidents to North Korea by tracing fund movements on the blockchain, and found that some addresses involved in funds stolen from Bitget and Bybit overlap. However, the attribution to TraderTraitor is only a preliminary assessment based on on-chain money-laundering patterns.
Why it matters to readers
The report covers multiple security incidents, substantial stolen funds, and overlapping addresses across different incidents, highlighting the need for trading platforms and users to pay attention to asset custody and the risks associated with the movement of stolen funds.
Beginners should understand that overlapping on-chain addresses can provide investigative leads but do not constitute final confirmation of the attacker’s identity; when using trading platforms, users should still pay attention to account and asset security.
Risks and unknowns
Not provided in the original text 50 security incidents.
The original text does not specify the exact statistical basis or 1200000000 USD amounts for individual cases.
The connection between the Bitget incident and TraderTraitor is only a preliminary assessment and has not yet been finally confirmed.
The original text does not specify the exact losses, user compensation, or security response related to the Bitget incident.
The original text does not provide the investigative conclusions of law enforcement agencies.
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Blockchain analytics
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