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DWF Labs was reportedly exploited in a 2022 hack linked to North Korea, resulting in around $44M in stolen crypto. The loss wasn’t disclosed at the time, surprising many in the industry.



Investigators say the funds were moved through mixers and cross-chain bridges, making on-chain tracing and recovery difficult.

The case highlights security and counterparty risks across OTC market makers and liquidity providers.
#CryptoNews
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