North Korea Tied to Heists Worth $578M in April After Kelp DAO Exploit
Published on April 22, 2026.
North Korea-linked hackers are suspected to be behind a $292 million hack of Kelp DAO, the largest crypto exploit of the year so far, according to LayerZero. The breach was caused by a failure of the cross-chain messaging protocol LayerZero’s infrastructure. Initial indicators attributed the attack to TraderTraitor, a subgroup of North Korea's state-backed hacking unit, known as Lazarus Group. The theft of these funds brings at least $578 million across major incidents throughout the month. The FBI reported a 21% increase in crypto-related crime complaints in its 2025 Internet Crime Complaint Center report.Cryptocurrency cases were linked to 181,565 complaints in 2025, resulting in $11.37 billion in losses.
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