The hackers behind the $305 million DMM Bitcoin hack in May laundered more than $35 million through an online marketplace in Cambodia.
🔍 According to ZachXBT, the funds were transferred to Huione Guarantee, associated with the ruling Hong family.
Elliptic reports that the market has processed $11 billion from hacks and scams.
Laundering techniques point to the Lazarus group.
$28.2 million was blocked by Tether after the blacklist.
Source: ZachXBT, Elliptic, USDT/USDC Ban List