North Korean-affiliated hacking collective the Lazarus Group has been moving crypto assets using mixers following a string of high-profile hacks.
On March 13, blockchain security firm CertiK alerted its X followers that it had detected a deposit of 400 ETH (ETH) worth around $750,000 to the Tornado Cash mixing service.
“The fund traces to the Lazarus group’s activity on the Bitcoin network,” it noted.
The North Korean hacking group was responsible for the massive Bybit exchange hack that resulted in the theft of $1.4 billion worth of crypto assets on Feb. 21.
It has also been linked to the $29 million Phemex exchange hack in January and has been laundering assets ever since.
Lazarus Group crypto asset movements. Source: Certik
Lazarus has also been linked to