Targeting of CoinsPaid cryptocurrency service
Date of report
  • July 2023
CoinsPaid, a cryptocurrency management firm, was hacked by the North Korean threat actor Lazarus Group. Lazarus managed to steal almost $38 million in various kinds of cryptocurrency.
Suspected victims
  • CoinsPaid customers
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