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The Lazarus Group, a North Korean government-sponsored hacking organization, is reportedly ramping up its phishing attacks against the cryptocurrency community via Telegram.
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According to blockchain security firm SlowMist, the group's new method involves impersonating reputable venture capital figures from Archax, HashKey and Gumi Cryptos to attract cryptocurrency teams with enticing investment offers.
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In this method, the hacker gains their trust by sending messages to their victims and then leads them to malicious scripts for phishing attacks under the pretext of attending a meeting.
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Blockchain security firm Slomyst has identified a specific IP address, 104.168.137.21, associated with these attacks and is warning users to be alert to potential threats.
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It is estimated that North Korean hackers have stolen more than $3 billion in the past five years, which have been used to finance North Korea's weapons program.
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