According to Odaily Planet Daily, on-chain detective ZachXBT said that as of July 2024, more than $35 million of the $305 million in losses caused by the DMM Bitcoin hack had been laundered to the online market Huione Guarantee.

Due to the similarity of money laundering techniques and off-chain indicators, people suspect that Lazarus Group is behind the hack. Last weekend, Tether blacklisted a wallet address on Tron associated with Huione, which contained $29.6 million.

The DMM Bitcoin hack resulted in approximately $14 million flowing into the wallet over a 3-day period.