Venus Protocol Recovers Stolen Cryptocurrency After North Korea-Linked Phishing Attack

The decentralized finance platform, Venus Protocol, successfully recovered $13.5 million in cryptocurrency stolen through a sophisticated phishing attack linked to Lazarus Group, a North Korean hacking collective. The recovery occurred within 12 hours after the Tuesday incident, thanks to coordinated emergency protocols and the efforts of security partners. The attack exploited a malicious Zoom client to trick victim Kuan Sun into giving account control, allowing unauthorized borrowing and redemption.