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Alex Lab Links $4M Exploit to North Korea-Backed Lazarus Group
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Bitcoin layer-2 developer Alex Lab has indicated that the $4 million exploit it suffered in May is most likely linked to the infamous North Korean hacking consortium, Lazarus Group.
The team revealed that it has collaborated with on-chain investigator ZachXBT, who linked a wallet to the Lazarus group. This collaboration with ZachXBT and the Singapore Police Force has led to Alex Lab freezing some stolen funds.
Update on the ALEX Incident Investigation
Dear ALEX Community,
We wish to share an important update on the ALEX incident investigation from last month, which resulted in unauthorized access and the loss of funds. We understand the severity of this issue and are committed to full…
— ᛤ ALEX
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