, said the 30-day moving average of value received by mixers hit a high of $US51.8 million in April, about double the amount 12 months earlier.
In the first quarter of 2022, there was about $US200 million sent through mixers by illicit addresses, and less than half of that was from sanctioned groups. Hydra was a marketplace facilitating drug trafficking, money laundering and crypto exchange on the dark web, an encrypted section of the internet that search engines don’t index and authorisation and special configuration is needed to access.
“Lazarus Group is a cybercrime syndicate responsible for several cryptocurrency hacks on behalf of the North Korean government, and along with associated groups remains extremely active today,” Chainalysis said.
Doesn’t surprise me! Seems like an easy way to avoid leaving a trail 🙂 Cryptocurency laundering