As investigations unfolded, authorities traced the attack back to North Korea?�s infamous Lazarus Team, a condition-backed cybercrime syndicate using a lengthy history of concentrating on fiscal institutions.
Cold storage: A significant portion of consumer cash were stored in cold wallets, which happen to be offline and regarded as a lot less susceptible to hacking makes an attempt.
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When the approved staff signed the transaction, it had been executed onchain, unknowingly handing Charge of the cold wallet around on the attackers.}