Targeting of CoinEx cryptocurrency exchange
Date of report
  • September 2023
Lazarus Group stole almost $54 million in various cryptocurrencies from the CoinEx exchange. Some of the funds were moved into a wallet that contained stolen funds from an earlier theft of cryptocurrency from the gambling platform.
Suspected victims
  • CoinEx cryptocurrency exchange
Suspected state sponsor
  • Korea (Democratic People's Republic of)
Type of incident
  • Financial Theft
Target category
  • Private sector
Victim government reaction
  • Unknown
Policy response
Suspected state sponsor response