Lazarus accused of stealing £17 million in cryptocurrency from Lykke, leading to its closure

The UK-registered cryptocurrency platform Lykke shut down after hackers stole about £17 million in Bitcoin and Ethereum. The Lazarus Group, allegedly behind this theft, used the funds to potentially support military activities.

UK authorities are currently investigating the incident. Founder Richard Olsen has been declared bankrupt amidst the turmoil, raising concerns about the impact of cybercrime on the cryptocurrency industry.

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