North Korean Lazarus Group has laundered over $200M in hacked crypto since 2020
The notorious group of hackers has used a combination of crypto mixers and peer-to-peer marketplaces to launder the stolen funds.
The Lazarus Group, the infamous North Korean state-backed hackers, laundered over $200 million worth of stolen crypto between 2020 and 2023.
The funds were stolen from over 25 crypto hacks, according to pseudonymous on-chain researcher ZachXBT’s April 29 X post.
Lazarus is among the most notorious groups of crypto hackers and first emerged in 2009. In total, the Lazarus Group stole over $3 billion in crypto assets in the six years leading up to 2023.
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