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SBI Crypto Hit by $21M Theft, Suspected Links to Lazarus Group Hackers
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The Shib Daily
Japanese mining firm SBI Crypto has reported suspicious outflows worth roughly $21 million across multiple cryptocurrencies, with blockchain analysts noting patterns that resemble past hacks attributed to North Korea’s Lazarus Group.
Key points:Hackers stole $21 million from SBI Crypto, draining wallets containing Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash before laundering the funds through instant exchanges and Tornado Cash.
SBI Crypto has remained silent on the incident, drawing criticism as industry leaders including Binance’s Changpeng Zhao highlight the need for fast communication and response.
On-chain investigator ZachXBT reported that wallets tied to SBI Crypto recorded unusual outflows involving Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash.
SBI Crypto has not yet issued a public statement regarding the incident, a silence that has sparked considerable discussion across online communities.