Immerse yourself in an intriguing tale of digital heists, crypto scams, and strategic countermeasures. We take you on a riveting journey behind the scenes of the notorious North Korean hacking group, often referred to as “Lazarus”. It’s more than just a story of their strategic maneuvers. This piece also highlights the efforts of resourceful crypto entrepreneurs who can fortify against such attacks, making it the ideal read for any crypto-enthusiast keen to safeguard their investments.
A Glimpse into Lazarus’ Digital Heists
In 2024, North Korea associated hackers groups hit a new benchmark by stealing $1.3 billion in crypto. This record was shattered a mere year later, in 2025, when they orchestrated the infamous Bybit hack, thereby pilfering $1.4 billion in one swoop. While global hack rates have been on the rise, the first half of 2025 saw a significant drop in the amount looted compared to the peak years of 2021-2022. However, the Lazarus group’s bold $1.4 billion heist in February 2025 shifted the scales once again.
As Lazarus meticulously maneuvers its ill-gotten gains, the crypto investment community is increasingly seeking non-custodial wallets for safe crypto-storage. One such service provider is the Best Wallet, known for its stellar security attributes. The upcoming presale of the Best Wallet Token could experience record demand amongst crypto investors.
Tactics of the Lazarus Group
The Lazarus group, a covert North Korean hacker team, executed a large-scale heist, stealing a significant amount of Ethereum ($ETH) during the Bybit hack. Laundering this sizable amount will undoubtedly be time-consuming. The group recently moved 400 $ETH into Tornado Cash, a protocol that ‘tumbles’ crypto in shared pools to obscure its origins. These maneuverings make tracking the funds increasingly complex, further proving the strategic capabilities of the Lazarus group.
Preying on Crypto Founders
Lazarus continues its criminal streak by setting its sights on known crypto founders. Their current modus operandi includes deceptive Zoom calls and well-placed social engineering tactics to trap unsuspecting victims into installing a malicious ‘patch’ on their computers. Once installed, the patch swiftly collects private keys, all but securing the heist.
However, their prey doesn’t always fall into the trap; crypto founders Giulio Xiloyannis and David Zhang both managed to foil the hackers’ plans early in the process. In spite of such setbacks, Lazarus continues its illicit crypto activities, demonstrating its resilience.
Protecting Your Investments
Amid the escalating cyber threats, the average investor might question the safety of their investments. A secure crypto wallet is integral to the safety of your crypto investments. The Best Wallet app is a robust, non-custodial wallet, making it a prime choice for investors.
The upcoming $BEST token enhances the appeal of Best Wallet even further by offering increased staking returns, lower transaction fees, and exclusive access to new crypto presales. The $BEST presale is currently in progress, and has already raised over $10.9M, with tokens priced at $0.024325.
Remember to thoroughly investigate before investing — awareness, research, and caution are the best tools against falling prey to scams. As you explore the lucrative world of crypto, make sure to safeguard your investments with secure wallets like Best Wallet, and always approach unfamiliar interactions with caution.
FAQs
What was the largest crypto heist by the Lazarus Group?
In 2025, the Lazarus Group orchestrated the infamous Bybit hack, pilfering $1.4 billion in a single operation.
How do the Lazarus Group launder their stolen crypto?
Lazarus Group often uses protocols like Tornado Cash, which ‘tumbles’ crypto in shared pools to obscure its origins, making tracking the funds increasingly complex.
How can crypto investors secure their investments?
Investors can secure their crypto investments by utilizing secure, non-custodial wallets like Best Wallet and researching thoroughly before making any investment decisions.
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