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As investigations unfolded, authorities traced the attack back again to North Korea?�s infamous Lazarus Team, a point out-backed cybercrime syndicate by using a long historical past of targeting money institutions.

Cold storage: A significant portion of user funds had been stored in cold wallets, which might be offline and thought of less prone to hacking attempts.

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After the authorized staff signed the transaction, it was executed onchain, unknowingly more info handing Charge of the cold wallet over to your attackers.}

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