North Korean Hacking Group Lazarus Withdraws $1.2M of Bitcoin From Coin Mixer
North Korean hackers Lazarus Group have transferred $1.2 million from a coin mixer to a holding wallet, their largest transaction in over a month. The group's wallet received 27.371 bitcoin in two transactions before sending out 3.34 BTC to a previously used wallet. A coin mixer is a blockchain-based protocol used to obscure cryptocurrency ownership by mixing coins with those from other users before redistribution. Lazarus Group is reportedly responsible for $3 billion worth of cryptocurrency hacks in the past three years. The U.S. Treasury Department has linked the group to a $600 million theft of cryptocurrency from the Axie Infinity-linked Ronin bridge. The Lazarus Group wallet currently holds $79 million, including $73 million in bitcoin and $3.4 million in ether. The recent Orbit attack, resulting in the loss of $81 million, followed patterns similar to previous attacks by Lazarus Group.
