🔍On-chain detective ZachXBT has unveiled the notorious North Korean hacking group Lazarus Group's $200 million crypto theft trail! 😱 From 2020 to 2023, Lazarus laundered this staggering amount from digital assets to fiat, impacting individuals and companies in the crypto space.

💰The group's notorious heists include six-figure crypto wallet hacks and attacks on crypto exchange hot wallets in 2020. They swiped $370,000 in BTC and ETH from Coinberry and $750,000 from CoinMetro. The stolen funds were consolidated in one address and moved through Tornado Cash, a privacy mixer protocol on Ethereum.

🕵️‍♂️Despite the funds moving through the mixer, ZachXBT tracked them based on their unique withdrawal transfers. Over the next two years, these assets were merged with funds from other Lazarus thefts and sent to P2P crypto marketplaces like Paxful Noones as USDT.

🔒"374K USDT was frozen in November 2023 and an undisclosed amount was frozen at centralized exchanges in Q4 2023," ZachXBT tweeted. "An additional $3.4M was frozen by 3 of 4 stablecoin issuers sitting in a group of addresses.”

🇨🇳Lazarus also transferred funds to China-based OTC trader Wu Huihui in 2021. It wasn't until April 2023 that the DOJ indicted Wu for facilitating payments for the DPRK.

🔮ZachXBT warns that the number of people impacted by Lazarus Group attacks will likely continue to increase. Last year, Elliptic found that Lazarus was behind over $300 million worth of crypto hacks in 2023 alone. As of September, they held $47 million worth of crypto within their wallets. Stay vigilant, crypto enthusiasts! 🚀