As investigations unfolded, authorities traced the attack again to North Korea?�s notorious Lazarus Group, a point out-backed cybercrime syndicate using a lengthy record of focusing on economical institutions.
Chilly storage: A good portion of person resources had been stored in chilly wallets, that happen to be offline and regarded as considerably less liable to hacking tries.
The sheer scale in the breach eroded believe in in copyright exchanges, bringing about a decrease in trading volumes and a change here toward more secure or controlled platforms.
When the approved staff signed the transaction, it was executed onchain, unknowingly handing Charge of the cold wallet around for the attackers.}