Market maker DWF Labs disclosed that it suffered a $44 million loss in 2022 from an attack by the North Korean hacking group Lazarus.

Cryptocurrency market maker DWF Labs is suspected of suffering a $44 million cyberattack linked to the North Korean hacking group Lazarus. Investigators revealed the attack dates back to 2022, with attackers using the AppleJeus malware, a common cyber weapon employed by North Korean hacking groups. The attack used phishing attacks disguised as trading software to gain remote access to DWF's internal wallets and systems, subsequently transferring funds through intermediary wallets and privacy mixers. (Financefeeds)