Various blockchain watchers noticed suspicious transfers from a <button class="define-target" id="hot-wallet">hot wallet</button> known to belong to the CoinEx cryptocurrency exchange. CoinEx later confirmed a "security incident" involving "unauthorized transactions", and disclosed that around $70&nbsp;million was stolen. Outside researchers have suggested that the thieves appear to be a part of the North Korean state-sponsored hacking group, Lazarus.<p>CoinEx is based out of Hong Kong, and was recently forced to stop serving US customers as part of <a href="https://web3isgoinggreat.com/?id=coinex-settles-with-new-york-for-1-7-million" target="_blank">a settlement</a> with the New York Attorney General which also required them to pay a $1.7&nbsp;million fine.</p>

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