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NEWS: North Korea’s Lazarus Group accused of $23M Lykke crypto robbery

Premium August 19, 2025

North Korean leader Kim Jong Un and Russia's Defense Minister Sergei Shoigu visit an exhibition of armed equipment on the occasion of the 70th anniversary of the Korean War armistice in this image released by North Korea's Korean Central News Agency on July 27, 2023. KCNA via REUTERS/File Photo

NEWS: BaFin imposes remedial action on Nomura’s unit over AML failures

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AMLA DAY ANALYSIS: Agency is racing against time to tackle divergence, crypto and AI as political backing comes with conditions

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OPINION: As AMLA pivots mission from rules to harmonisation, the challenge is to follow through and deliver

By PAUL O’DONOGHUE, Senior Correspondent

HACKERS from North Korea stole £17 million ($23 million) in crypto from British-registered exchange Lykke, UK authorities have said, forcing the business into liquidation.

The UK Treasury’s Office of Financial Sanctions Implementation (OFSI) linked the attack to Lazarus, Pyongyang’s most notorious cybercrime gang.

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NEWS: BaFin imposes remedial action on Nomura’s unit over AML failures

 Premium

AMLA DAY ANALYSIS: Agency is racing against time to tackle divergence, crypto and AI as political backing comes with conditions

 Premium

OPINION: As AMLA pivots mission from rules to harmonisation, the challenge is to follow through and deliver

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