North Korean Lazarus group funnels over $100 million in Ethereum through sanctioned mixer Tornado Cash in 8 days

North Korean Lazarus group funnels over $100 million in Ethereum through sanctioned mixer Tornado Cash in 8 days

North Korea-backed Lazarus group has stepped up their use of sanctioned crypto mixer Tornado Cash, moving over $100 million worth of Ethereum through the platform in the past week.
According to blockchain security firm PeckShield, addresses linked to the exploiters of Justin Sun-linked HTX exchange and Heco Bridge have transferred 40,391 ETH, equivalent to $145.7 million, via the decentralized crypto mixing tool.
A chart detailing the flow of funds shows that 18 different addresses were used to send funds to two Tornado cash addresses.
These transfers mark the first time the funds will be moving since they were stolen during the HTX and Heco bridge exploitation last November. The attack is widely believed to have been performed by North Korea-backed hackers.
Last week, CryptoSlate reported that the North Korea-backed hacker group was again utilizing the sanctioned crypto mixer Tornado Cash. This resurgence comes after the US government’s crackdown on centralized mixers like Sinbad.i

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