2023-Blockchain-Security-and-AML-Annual-ReportEN.pdf (8 MB)

SlowMist's 2023 blockchain security and AML report says Lazarus Group activity and wallet-drainer phishing were major drivers of crypto losses during the year. It states that Lazarus spent the first half of 2023 laundering funds stolen in 2022, including the roughly $100 million Harmony bridge theft, then shifted in the second half to APT-related attacks against centralized crypto service platforms. The report describes the "Dark 101 Days" beginning June 3, during which five platforms were hacked and losses exceeded $300 million. SlowMist frames these intrusions alongside expanding laundering and phishing ecosystems, with Wallet Drainers stealing nearly $295 million from about 320,000 victims.