Lazarus Group’s crypto holdings worth $900 mln spark concerns

• The Lazarus Group, a North Korean cybercrime unit, has amassed substantial cryptocurrency holdings.
• The group has a history of major cyberattacks and heists in the cryptocurrency space, resulting in the theft of at least $900 million.
• The group's cryptocurrency portfolio is primarily composed of Bitcoin (57%), Ethereum (24%), and Binance Coin (18%).
• The Federal Bureau of Investigation (FBI) has issued a warning about the movement of 1,580 BTC linked to the group.
• The potential selling of the group's holdings could impact market sentiment, particularly for Binance Coin.
• Bitcoin's price has been on an upward trajectory, potentially influenced by increased interest from cryptocurrency whales.
• Binance Coin may be more susceptible to selling pressure due to legal issues and layoffs at the Binance exchange.
• The Lazarus Group has been involved in cyberattacks on the CoinEx exchange, with potential ties indicated by cybersecurity firm SlowMist.

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