North Korean Group Lazarus Accused of Stealing $22.8 Million in Cryptocurrency from Lykke, Leading to Platform Shutdown

According to ChainCatcher, The Telegraph reported that the UK-registered cryptocurrency platform Lykke was forced to cease operations and liquidate in March this year after hackers stole approximately £17 million (about $22.8 million) in Bitcoin and Ethereum. The UK Treasury’s OFSI reported that the hackers were linked to North Korea’s Lazarus Group, and the stolen funds were used to support military and nuclear projects. Lykke founder Richard Olsen has been declared bankrupt, and the case remains under investigation.