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North Korea Behind $100M Harmony Theft, Say Researchers

North Korea behind $100M Harmony theft, say researchers at blockchain analytics firm Elliptic. Researchers say they’re following the stolen cryptocurrency from the hacked cross-chain Horizon bridge even as it goes through tumblers meant to obscure subsequent transactions. North Korea is heavily suspected to be behind the more than $600 million Ronin bridge hack in March. The secretive, hereditary communist monarchy fuels its nuclear weapons program with stolen cryptocurrency used to dodge international sanctions that prevent ready access to cash. For its part, Harmony has upped an initial offer of $1 million and a promise not to seek criminal charges for the return of the stolen currency to $10 million.”]

Source: https://www.careersinfosecurity.com/north-korea-behind-100m-harmony-theft-say-researchers-a-19480

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