As investigations unfolded, authorities traced the attack back to North Korea?�s infamous Lazarus Team, a point out-backed cybercrime syndicate with a extended heritage of concentrating on financial institutions.
Also, attackers ever more commenced to focus on Trade staff through phishing and also other misleading techniques to get unauthorized usage of critical systems.
The check here sheer scale from the breach eroded belief in copyright exchanges, resulting in a drop in trading volumes and also a shift toward safer or regulated platforms.
Once the approved staff signed the transaction, it absolutely was executed onchain, unknowingly handing control of the cold wallet about towards the attackers.}