As investigations unfolded, authorities traced the assault again to North Korea?�s notorious Lazarus Team, a point out-backed cybercrime syndicate which has a long background of targeting economic institutions.
Also, attackers progressively started to target exchange personnel via phishing along with other deceptive methods to achieve unauthorized access here to crucial methods.
The sheer scale in the breach eroded belief in copyright exchanges, leading to a decrease in investing volumes along with a shift towards safer or controlled platforms.
By the time the dust settled, in excess of $one.5 billion value of Ether (ETH) were siphoned off in what would grow to be amongst the largest copyright heists in heritage.}