- Lazarus Group’s funds from previous exploits worth $290 million have come together on-chain.
- Crypto sleuth ZachXBT shared on-chain data that showed the funds from previous exploits together.
- The crypto sleuth stated that the funds from such exploits usually end up in OTC traders on Tron.
Lazarus Group, the notorious cybercrime syndicate based in North Korea, is reportedly on the move again. Popular crypto sleuth ZachXBT reported earlier today that the funds from Lazarus’ previous exploits had come together on-chain. This included funds from the Harmony Protocol hack, the Atomic Wallet exploit, the CoinsPaid hack, and the Alphapo hot wallet hack.
Recently Lazarus Group linked stolen funds from the Harmony, Atomic Wallet, and Coinspaid/Alphapo hacks together on-chainTotal losses from these hacks is estimated at $290M+ pic.twitter.com/QY52QTgF6M
— ZachXBT (@zachxbt) August 1, 2023
The attack on the Harmony Protocol occurred in June 2022 when the Lazarus Group made away with a whopping $100 million. The hackers’ involvement was uncovered earlier this year after they attempted to launder over $60 million worth of Ether using a privacy protocol called R…
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The post Lazarus Group’s Funds Previous Exploits Come Together On-Chain appeared first on Coin Edition.