Cosmos ecosystem rocked by North Korean developer allegations

Cosmos’ co-founder and core contributors were previously unaware of the North Korean link, which could lead to the removal of the Liquid Staking Module.

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A newly released onchain investigation alleges that part of the Cosmos ecosystem may have been developed by North Korean agents, potentially attracting the FBI’s attention in 2023.

Part of Cosmos’ Liquid Staking Module (LSM) may have been built by North Korean developers, according to Cosmos ecosystem developer Jacob Gadikian, who shared the investigation in an Oct. 16 X post:

Investor concerns arose after the revelation, fearing that part of these developers could be the infamous North Korean Lazarus Group, a cybercrime organization with suspected North Korean government affiliation, credited for some of the biggest crypto hacks, including the $600 million Ronin bridge exploit.

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