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U.S. Treasury Workplace of Overseas Property Management (OFAC) added to sanctions record a cryptocurrency deal with that’s allegedly related to the Lazarus hacker group.
US Treasury has added a digital forex pockets deal with to the SDN itemizing for Lazarus Group right here: https://t.co/mG8LYaoE1X https://t.co/fq6QzCENrn
— Treasury Division (@USTreasury) April 14, 2022
Tackle flagged as being linked to an assault on the Ronin sidechain. On the time of writing, the pockets contained 147,753 ETH.
Chainalysis analysts additionally famous that the deal with was concerned within the Ronin hack – it acquired stolen 173,600 ETH and 25.5 million USDC from stolen funds.
THREAD: Updates to OFAC’s SDN designation for Lazarus Group verify that the North Korean cybercriminal group was behind the March hack of Ronin Bridge, by which over $600 million value of ETH and USDC was stolen.
— Chainalysis (@chainalysis) April 14, 2022
FBI report says Lazarus is chargeable for stealing $620 million in cryptocurrency. When attacking Ronin, the attacker withdrew property value about $625 million.
Recall that Lazarus is related to the North Korean authorities. Hackers are additionally concerned in different main hacks within the crypto trade.
The assault on the Ronin sidechain concerned within the Axie Infinity blockchain recreation grew to become identified on March 29. The Ronin hack grew to become the most important within the historical past of the DeFi section.
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