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Lazarus Group suspected of having drained $7.5 million from crypto payment service provider CoinsPaid on 5 January 2024 · 05.01.2024
The Estonian crypto payment service CoinsPaid suffered a loss of a converted $7.5 million on 5 January 2024, as reported by the security firm Cyvers. The funds denominated in Binance and Ethereum were extracted from what Cyvers CEO Deddy Lavid assessed were insufficiently secured wallets. Cyvers linked the compromise to the North Korean Lazarus group.