Kenny Li, co-founder of Manta Network, reported being targeted in a sophisticated Zoom phishing attempt by North Korea’s Lazarus Group. During a Zoom call arranged by a known contact, familiar faces appeared, but there was no audio. The meeting prompted Li to download a script to fix an audio issue, which he found suspicious and refused. After verifying the contact through Google Meet, Li was blocked and all messages from the impersonator were erased. This incident highlights the increasing sophistication of Lazarus Group, known for using stolen identities, fake meetings, and malware to infiltrate the crypto industry. Security researchers attribute recent high-profile phishing attempts and exploits to Lazarus, which has shifted its strategy to incorporate deepfake video and social engineering tactics to deceive crypto executives. They have extended their operations beyond U.S. firms, targeting blockchain startups across the EU and UK. Experts urge firms in the crypto space to bolster their cybersecurity measures against such threats.

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