The North Korean-linked Lazarus Group has been moving cryptocurrency assets through mixers following several high-profile hacks.
On March 13, blockchain security firm CertiK informed its followers on X about a deposit of 400 ETH, valued at approximately $750,000, to the Tornado Cash mixing service.
“This activity traces back to the Lazarus Group’s operations on the Bitcoin network,” CertiK noted.
The group was responsible for the major Bybit exchange hack, resulting in the theft of $1.4 billion in crypto assets on February 21. They’ve also been linked to the $29 million Phemex exchange hack in January and have been laundering assets since then.
