DWF Labs claimed that it lost $44 million in a cyber attack in 2022

According to PANews, independent researcher tanuki42 claimed that the market maker DWF Labs was targeted by the North Korea-linked threat group AppleJeus in September 2022, resulting in a loss of at least $44 million, primarily in USDC and USDT. The funds were transferred through networks to Bitcoin and remained dormant for a long time, with some of them recently flowing into the mixing service Mixero. The post also included details of several related transactions and unused Bitcoin addresses. As of November 2025, DWF Labs had not publicly confirmed the incident.#PrivacyCoinSurge #ETHBreaksATH