It’s been over half a year since the Harmony bridge was breached, allowing hackers believed to be a part of the Lazarus Group to make off with about $100 million in cryptocurrencies at the time they were stolen.
Multiple Cashout Attempts
Nearly $91 million of those funds have seen attempted cashouts so far. The most recent attempt at laundering the stolen funds saw about $27 million worth of crypto being moved. The operation was detected by security researchers, although it is unclear how much of the identified amount – if any – was seized.
However, exchanges are doing what they can to prevent the flow of illicit funds, despite the resurrection of Blender, a sanctioned crypto mixer now allegedly brought back as “Sinbad.”
Continued Coordination
About a month ago, Elliptic, Huobi, and Binance first coordinated to freeze 121 BTC, worth $2.5 million at the time. Apparently, the collaboration has continued, allowing a further $1.4 million in cryptocurrencies to be frozen on the 14
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