Blockchain analysts suspect North Korea-linked hackers behind $70 million crypto theft

Researchers say North Korea -linked hackers are likely behind a $70 million theft from crypto exchange CoinEx.

CoinEx said on Tuesday wallets used to store the exchange's crypto assets had been hacked.

Researchers say "a number of factors" indicate the Lazarus Group is behind the attack.

North Korea stepped up its cryptocurrency theft last year , using sophisticated techniques to steal more in 2022 than any other year , according to a United Nations report.