Data collated by 21.co, the parent company of the world’s largest issuer of cryptocurrency exchange-traded products, 21Shares, revealed that the notorious North Korean hacking group Lazarus currently holds more than $47 million worth of crypto assets in its wallets.on Dune Analytics, Lazarus Group holds several digital assets, including bitcoin , ether , Binance Coin , Binance USD , and Aave .Most of Lazarus’ holdings are in BTC, with a significant portion in ETH and BNB.
The Lazarus group is believed to attack crypto entities on behalf of the North Korean government. The U.S. Federal Bureau of Investigation and Office of Foreign Assets Control have identified and are tracking 295 wallets belonging to the cybercrime unit. 21.co noted that the known balance is a lower bound estimate of Lazarus’ crypto holdings based on publicly available data, as the group may have executed unknown hacks against crypto platforms.
Over time, Lazarus has spread its balance across various blockchains, including Avalanche, BNB Chain, Polygon, Arbitrum, Ethereum, and Bitcoin. The group’s crypto wallets are still active with a 24-hour inflow and netflow of $486. The last transaction was conducted on September 20.Lazarus Group is behind some of the crypto industry’s largest hacks and the most recent security attacks.
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Source: Cointelegraph - 🏆 562. / 51 Read more »