North Korean Lazarus group funnels over $100 million in Ethereum through sanctioned mixer Tornado Cash in 8 days
Summary
The North Korea-backed Lazarus group has used Tornado Cash to move over $100 million worth of Ethereum in the past week. The group exploited the Justin Sun-linked HTX exchange and Heco Bridge, transferring 40,391 ETH. This marks the first movement of funds stolen during the November exploitation. Lazarus has been linked to over $750 million in crypto thefts in 2023, with the UN reporting that North Korea used these attacks to generate foreign currency earnings and fund its weapons program.
