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As investigations unfolded, authorities traced the attack back to North Korea?�s notorious Lazarus Team, a point out-backed cybercrime syndicate that has a very long record of targeting fiscal institutions.

Chilly storage: A significant portion of user money ended up saved in chilly wallets, that are offline and regarded fewer prone to hacking makes an attempt.

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By the time the dust settled, in excess of $one.five billion worth of Ether (ETH) were siphoned off in what would develop into considered one of the biggest copyright heists in historical past.}