A man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration/File Photo Acquire Licensing Rights
LONDON, Sept 15 (Reuters) - Blockchain researchers say North Korea-linked hackers are likely behind a $70 million theft from crypto exchange CoinEx.
CoinEx, which says it is based in Hong Kong, said on Tuesday on social media platform X, formerly known as Twitter, that wallets used to store the exchange's crypto assets had been hacked. It said on Friday it estimates its losses at $70 million, which it said is a "small portion" of its total assets.
Blockchain research firm Elliptic said that "a number of factors" indicate that the Lazarus Group - a hacker group associated with North Korea - was responsible for the attack.
CoinEx has not said who it believes was behind the attack, although it has told Reuters it is aware that some security firms have claimed cyber-espionage teams linked to North Korea were to blame.