🚨🚨𝐋𝐚𝐳𝐚𝐫𝐮𝐬 𝐆𝐫𝐨𝐮𝐩 𝐋𝐨𝐬𝐞𝐬 $𝟒.𝟗𝟔 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐁𝐥𝐚𝐜𝐤𝐥𝐢𝐬𝐭𝐞𝐝 𝐂𝐫𝐲𝐩𝐭𝐨: 𝐓𝐡𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐢𝐠𝐚𝐭𝐢𝐨𝐧 𝐓𝐡𝐚𝐭 𝐄𝐱𝐩𝐨𝐬𝐞𝐝 𝐍𝐨𝐫𝐭𝐡 𝐊𝐨𝐫𝐞𝐚'𝐬 𝐇𝐚𝐜𝐤𝐞𝐫𝐬🚨🚨

The notorious North Korean hacker group, Lazarus Group, recently lost access to $4.96 million after two of their addresses were blacklisted by stablecoin issuers. The discovery was made by renowned on-chain investigator ZachXBT during an extensive investigation that spanned several months. Lazarus Group, linked to North Korean authorities, had laundered over $200 million in fiat and cryptocurrencies through 25 different blockchain exploits over the past three years.

In collaboration with teams from Metamask, Binance, TRM Labs, and Five I’s LLC, ZachXBT's efforts led to the freezing of the hackers' wallets by stablecoin companies such as Tether (USDT), Circle (USDC), Techteryx (TUSD), and Paxos (BUSD). While $4.96 million in stablecoins were successfully locked down, an additional $720,000 in DAI and $313,000 worth of Ethereum, which couldn't be frozen, remains tied to the hackers.

The investigation also resulted in $1.65 million of Lazarus Group's funds being frozen on various exchanges. Interestingly, ZachXBT pointed out the slowest response in freezing assets came from Circle (USDC), which took 4.5 months to act. This delay surprised many, especially considering Circle has around 1,000 employees but lacks a dedicated team for hack response within its ecosystem.

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