The North Korean Lazarus Group might have been the crime syndicate responsible for the DMM Bitcoin hack earlier this year. According to fresh insights from crypto on-chain Sleuth ZachXBT, a series of funds movement from wallets connected to Lazarus gave the hint. Besides this, ZachXBT pointed out the similarities in laundering activities and off-chain indicators.
The DMM Bitcoin Stolen Funds In Motion
To steal from an exchange or a crypto protocol is one thing, laundering the cash undetected remains a major hurdle. For example, the DMM Bitcoin hack saw as much as $305 million in losses according to ZachXBT.
According to the tracking of the stolen funds in and out of the platform, a total of $35 million has shifted to Huione Guarantee exchange thus month. The ZachXBT findings show that stablecoin issuer just blacklisted a wallet connected to the Lazarus Group. This wallet contains a total of $29.6 million and it is resident on the Tron blockchain.
This wallet tagged “TNVaK….s4Ug8”
We współpracy z: https://coingape.com/north-korean-lazarus-group-linked-to-dmm-bitcoin-hack/
