The notorious Lazarus Group, a North Korean hacking collective, is suspected of moving funds stolen in a significant hack involving the Japanese crypto exchange, DMM Bitcoin. This incident is part of a series of cybercrimes linked to the group, which has been implicated in various high-profile crypto thefts.
According to recent reports, the group allegedly transferred millions in stolen cryptocurrency through multiple transactions. On-chain data and blockchain sleuths have flagged substantial movements of these illicit funds, believed to be laundered using various methods including crypto mixers like Tornado Cash, which remains operational despite U.S. sanctions.
The persistent activity of Lazarus Group underscores the ongoing challenges in combating crypto-related cybercrime, highlighting the need for enhanced security measures and international cooperation to trace and recover stolen assets.
