Hackers like Lazarus continue to use Tornado Cash despite US sanctions

Summary

Lazarus, a North Korea-backed hacker group, has returned to using the crypto mixer Tornado Cash to obfuscate its transactions, following US sanctions on other alternatives. The group recently moved approximately $13 million in stolen funds through Tornado Cash. This move reflects the government's inability to effectively curb the mixer's operations due to its decentralized nature. The platform's resurgence is indicated by the total value of assets locked reaching $565 million, and its native TORN token trading at roughly $2, up 13% in the past day. The crypto community has supported the developers of Tornado Cash amid legal actions from multiple governments, including the US.