During the weekend, the notorious North Korean hacking gang Lazarus Group started transferring stolen money in the Harmony Bridge attack. Notably, the organization transferred over $63.5 million, or approximately 41,000 ETH.
On January 16, blockchain detective ZachXBT published information about the transfer of a significant amount of Ethereum. The cryptocurrency assets which originated from Tornado Cash were transferred via Railgun. Railgun is a private smart contract platform that uses zero-knowledge proofs to hide financial transactions.
According to the analyst who followed the trail of more than 350 addresses, some 41,000 ETH worth about $63.5 million were sent through Railgun and deposited on three different exchanges.
1/2 North Korea’s Lazarus Group had a very busy weekend moving $63.5m (~41000 ETH) from the Harmony bridge hack through Railgun before consolidating funds and depositing on three different exchanges. pic.twitter.com/huDumaJeSh
— ZachXBT (@zachxbt) January 15
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