<ul data-eligibleForWebStory="true"><li>Pepe NFT projects linked to original creator Matt Furie were hacked by a North Korean operative, resulting in over $1 million in losses.</li><li>The hacker infiltrated Chainsaw and Favrr projects, posing as IT staff, and exploited security vulnerabilities to steal funds.</li><li>Blockchain analyst ZachXBT suspects the Lazarus Group's involvement, linking the attack to North Korean crypto laundering methods.</li><li>The incident highlights serious security gaps in Web3 project management and emphasizes the need for enhanced due diligence and hiring practices in the NFT industry.</li></ul>

Pepe NFT Projects Hacked by North Korean Operative Steals Over $1 Million

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