After being exploited for $4.3 million in May, Alex Lab reveals they have since found “substantial transaction evidence” pointing the attack to North Korea’s Lazarus Group.
Bitcoin layer-2 developer Alex Lab believes the $4 million exploit it suffered in May is most likely linked to the notorious North Korean hacking consortium Lazarus Group.
In a June 25 post to X, Alex Lab drew attention to three wallet addresses hackers used on May 16 to drain funds from the Bitcoin-based decentralized finance (DeFi) protocol.
Additionally, the team shared they collaborated with independent blockchain sleuth ZachXBT to compile the evidence required to link Lazarus to the exploit.
