Crypto Theft

BlackSuit is a ransomware-as-a-service (RaaS) operation that emerged in May 2023 as a rebranding of the Royal ransomware gang, itself a successor to the Conti cybercrime syndicate believed to be operated by Russian-speaking threat actors. The group employed double-extortion tactics across critical infrastructure sectors including healthcare, automotive, education, and government, compromising over 450 U.S. victims and demanding more than $500 million in ransom, primarily in Bitcoin, before international law enforcement dismantled its infrastructure in July 2025 under Operation Checkmate.

An unidentified threat actor or group breached LastPass in August–November 2022, exfiltrating encrypted customer password vaults containing cryptocurrency seed phrases and private keys stored by an estimated 25–30 million users. Beginning in late 2022 and continuing at least through late 2025, the actors allegedly cracked weak master passwords offline and drained cryptocurrency wallets in coordinated waves, with documented losses exceeding $250 million across hundreds of victims and a single high-profile $150 million XRP theft attributed to Ripple co-founder Chris Larsen. TRM Labs on-chain analysis and law enforcement investigations link the laundering activity to Russian cybercriminal infrastructure, including OFAC-sanctioned exchange Cryptex.

Lazarus Group is a cyber threat actor that the U.S. Department of Justice, FBI, Treasury/OFAC, and the United Nations Panel of Experts have attributed to North Korea's Reconnaissance General Bureau (RGB), a military intelligence agency of the Democratic People's Republic of Korea (DPRK). U.S. and allied government agencies allege the group and its sub-units (tracked in industry reporting as APT38, BlueNoroff, TraderTraitor, and Stardust Chollima) have conducted destructive cyberattacks and large-scale cryptocurrency thefts since at least 2009, including what blockchain-analytics firm Chainalysis describes as a cumulative total exceeding $6 billion in stolen crypto assets, funds the UN Panel of Experts and U.S. officials allege support North Korea's weapons programs. This entry documents named individuals, government indictments, sanctions, and specific hacking incidents, distinguishing DOJ/FBI/OFAC/UN attributions from private-sector research findings.

LastPass is a widely used password manager that suffered a catastrophic two-stage data breach in 2022, resulting in the theft of encrypted customer password vaults containing cryptocurrency seed phrases and private keys. Threat actors subsequently cracked these vaults offline over the following years, draining crypto wallets in waves totaling more than $438 million across hundreds of victims by late 2025. The breach has led to a £1.2 million UK ICO regulatory fine, a $24.45 million US class action settlement, US federal seizures, and on-chain attribution by TRM Labs and blockchain researcher ZachXBT to Russian cybercriminal infrastructure.