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Bitcoin News | 4 months ago (raw) | export | reply | flag 
 ZachXBT Suspects Lazarus Group in $305M DMM Bitcoin Hack. 
 ZachXBT has reported that the recent $305 million hack of DMM Bitcoin, a Japanese crypto exchange, might be the work of the Lazarus Group, a group known for its ties to North Korea. ZachXBT noticed that the way the stolen money was being moved around looked very similar to how Lazarus usually operates. In a tweet, the on-chain investigator shared that over $35 million of the stolen funds were sent to an online marketplace called Huione Guarantee in July. This caught the eye of Tether the stablecoin issuer, which blocked a Tron-based wallet holding 29.6 million USDT in it. This same wallet, which is connected to Huione, had gotten about $14 million from the DMM Bitcoin hack in just three days.
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sella maurtan | 3 months ago (raw) | root | parent | reply | flag 
 cryptocurrency sleuth ZachXBT, there are suspicions that the Lazarus Group is behind the $305 million DMM Bitcoin hack. The funds from the hack have allegedly been laundered through an online marketplace called Huione Guarantee, which operates in Cambodia and has been linked to the ruling Hun family of the nation.