Investigation Launched by South Korean Agencies into $82M Orbit Bridge Hack Amidst Allegations of Lazarus Group’s Participation

Orbit Bridge Exploited for $82 Million

The main bridge for the Claytont ecosystem, Orbit Bridge, was hacked just hours before the new year, resulting in a loss of nearly $82 million. Multiple South Korean agencies are currently investigating this significant hack.

North Korea’s Lazarus Group Suspected

Allegations have emerged suggesting that North Korea’s hacking group, Lazarus, was behind the exploit. This has prompted the South Korean National Intelligence Service (NIS) to intervene and conduct a thorough investigation.

Bridge Utilized by Prominent Korean Platforms

The bridge targeted in the hack was used by prominent Korean domestic platforms such as Kakao’s blockchain platform Claytont and WEMIX, a blockchain project by WEMADE.

NIS Involvement Signals Unusual Engagement

The NIS’s involvement in identifying the perpetrator of the attack is noteworthy. It demonstrates an unusually high level of engagement for a blockchain-related virtual asset theft. The operating company of Orbit Bridge, OZYS, promptly reported the incident to relevant authorities as required by law.

OZYS Cooperates with Investigation

OZYS has actively cooperated with the investigation and sought assistance from global blockchain analysis firms. They are working closely with Claytont to address the crisis and provide support to affected parties.

Hot Take: South Korean Agencies Investigate $82M Orbit Bridge Hack After Reports of Lazarus Group’s Involvement

South Korean agencies are conducting a comprehensive investigation into the $82 million hack on Orbit Bridge. Allegations point to North Korea’s Lazarus Group as the orchestrator of the exploit. The involvement of the National Intelligence Service (NIS) in the investigation is unusual, indicating the seriousness of the incident. OZYS, the operator of Orbit Bridge, has cooperated with authorities and sought assistance from global blockchain analysis firms. They are working with Claytont to resolve the crisis and assist affected parties. This hack has significant implications for the Claytont ecosystem and the broader decentralized finance sector.