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DMM Bitcoin

May 31, 2024

$305M
Lost
$305M
Recovered
$305M
Net loss
$0
Full100% recovered

On May 31, 2024, DMM Bitcoin lost 48 billion yen ($305M) in bitcoin when North Korean Lazarus Group attackers compromised an employee, intercepted legitimate transactions, and drained the hot wallet. The exchange ultimately shut down and transferred to SBI VC Trade.

Target
CEX
Classification
Social Engineering
Technique
Phishing
Attribution
North Korea
Chains
Bitcoin

Event timeline

  1. May 31, 2024
    Exploit executed — $305M drained via phishing
  2. Attributed to North Korea
  3. Recovery status Full 100%

Data credits

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