Binance and Huobi have again frozen accounts linked to last June’s $100 million Harmony Horizon bridge hack.
Around $1.4 million worth of crypto frozen by the trading platforms came from accounts linked to the notorious Lazarus Group operating out of North Korea.
The investigation was carried out by blockchain analytics firm Elliptic, according to a report shared by the firm on Feb. 14. However, the firm didn’t state what coins or tokens were frozen.
Elliptic explained it passed on the intelligence to Binance and Houbi, which then acted promptly to freeze the Lazarus Group-linked accounts.
Since the Harmony exploit, it has been well documented that Lazarus Group resorted to the now-United States OFAC-sanctioned privacy mixer Tornado Cash in an attempt to break the transaction trail back to the original theft.
While this supposedly makes it easier to cash out funds at an exchange, Elliptic investigators were able to trace the entirety of the stolen funds sent through the mixer in this case, the report stated.
