The Lazarus Group is believed to be a state-sponsored hacking group notorious for carrying out massive crypto heists over the years, targeting cryptocurrency platforms. In late 2023, Recorded Future estimated that North Korean state-backed hackers had stolen $3 billion worth of crypto since January 2017, which equates to roughly $500,000,000/year. CoinStats says North Korean hackers breached 1,590 crypto wallets CoinStats suffered a massive security breach that compromised 1,590 cryptocurrency wallets, with the attack suspected to have been carried out by North Korean threat actors. Although the investigation is ongoing, CoinStats' CEO stated on X that they hold significant evidence suggesting that North Korean hackers carried out the attack, sharing a CISA document about the North Korean Lazarus hacking group.