‼️🚨 Breaking News Alert🚨‼️
🔴🇰🇵 Bitcoin Hackers🔴
‼️🔴 Attention Alert Attention 🔴‼️
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North Korean Lazarus Group's DMM Bitcoin Hack: $305 million Crypto
🕵🏼♂️Suspected Culprit: The notorious North Korean Lazarus Group is suspected of orchestrating the $305 million hack on DMM Bitcoin. According to the tracking of the stolen funds in and out of the platform, a total of $35 million has shifted to Huione Guarantee exchange this month. The ZachXBT (crypto expert on X/twitter) findings show that stablecoin issuer just blacklisted a wallet connected to the Lazarus Group
💱Money Laundering Trail: Funds from the hack were traced through BTC mixers, then shifted to Ethereum and Avalanche via THORChain, indicating sophisticated laundering tactics.
👨🏻💻Tron Blockchain Involvement: A Tron wallet with “TNVaK….s4Ug8” linked to Lazarus received $14 million post-hack, prompting scrutiny from stablecoin issuers due to potential illicit activities. This Tron blockchain wallet has $29.6 million.
🤔Industry Security Concerns: The incident underscores ongoing security challenges for crypto exchanges, highlighting the need for robust cybersecurity measures.
🕵🏼♂️The crypto community must remain vigilant against such sophisticated cyber threats, emphasizing the importance of proactive security practices.
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