Loading...
[DWF Labs Suspected to Have Lost at Least $44 Million Due to AppleJeus Attack] Independent researcher tanuki42 pointed out that cryptocurrency market maker DWF Labs was allegedly infiltrated by the North Korea-linked threat group AppleJeus in September 2022, resulting in a loss of at least $44 million, primarily involving USDC and USDT assets. The related funds were subsequently transferred cross-chain to Bitcoin and remained dormant for a long period, with some funds recently flowing into the custodial mixing service Mixero. The researcher also listed multiple related transactions and unused Bitcoin addresses. As of November 2025, DWF Labs has not publicly confirmed this incident.