"North Korea's Lazarus Group Launders $900 Million in Cryptocurrency"

$7 billion in cryptocurrency has been illicitly laundered through cross-chain crime, with the North Korea-linked Lazarus Group attributed to the theft of about $900 million between July 2022 and July 2023. According to the blockchain analytics company Elliptic, cryptocurrency crime is shifting to chain- or asset-hopping typologies as mixers continue to face seizures and sanctions scrutiny. Since June 2023, the North Korean hacking group is believed to have stolen almost $240 million in cryptocurrency through a series of attacks on Atomic Wallet ($100 million), CoinsPaid ($37.3 million), Alphapo ($60 million), Stake[.]com ($41 million), and CoinEx ($31 million). This article continues to discuss the North Korea-linked Lazarus Group illicitly laundering $900 million in cryptocurrency through cross-chain crime.

THN reports "North Korea's Lazarus Group Launders $900 Million in Cryptocurrency"

Submitted by grigby1