Lazarus Group, a group of North Korean hackers, transferred $1.2 million worth of their illicit riches from a currency mixer to a holding wallet, which represents their biggest transaction in more than a month.The wallet belonging to Lazarus Group got 27.371 bitcoin (BTC) in two transactions, and then 3.34 BTC was sent to a wallet that was previously utilized, according to data from the blockchain analysis company Arkham.Nothing was known about the coin mixer.
Coin mixers, commonly called tumblers, are essentially blockchain-based protocols that can be used to mix up coins from different users before dispersing them, making it impossible to determine who received what.The provenance and transfers of cryptocurrency are usually easy to follow because to blockchains’ transparency.According to a research from cybersecurity firm Recorded Future, Lazarus Group is suspected of being responsible for $3 billion worth of bitcoin breaches and vulnerabilities during the previous three years.The U.S. Treasury Department has connected Lazarus Group to a bitcoin heist from the Ronin bridge, which is connected to Axie Infinity, that totaled $600 million.
The Lazarus Group wallet currently contains $79 million in wallets that Arkham has identified, including $3.4 million in ether (ETH) and $73 million in bitcoin.The recent Orbit attack, which cost $81 million, resembled earlier Lazarus Group attacks, according to Metamask developer Taylor Monahan.