<p><span>Two federal indictments were unsealed today in the District of Columbia charging a North Korean Foreign Trade Bank (FTB) representative for his role in separate money laundering conspiracies designed to generate revenue for the Democratic People’s Republic of Korea through the use of cryptocurrency.</span></p>
Through an investigation, the FBI was able to confirm that the Lazarus Group (also known as APT38), cyber actors associated with the Democratic People s Republic of Korea, are responsible for the theft of $100 million of virtual currency from Harmony’s Horizon bridge reported on June 24, 2022.