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As investigations unfolded, authorities traced the attack back again to North Korea?�s infamous Lazarus Group, a condition-backed cybercrime syndicate by using a very long history of targeting economic institutions.

Chilly storage: A good portion of user funds were being stored in cold wallets, which happen to be offline and viewed as a lot less vulnerable to hacking attempts.

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After the authorized personnel signed the transaction, it absolutely was executed onchain, unknowingly handing Charge of the chilly wallet more than into the attackers.}