Four major stablecoin issuers — Paxos, Tether, Techteryx, and Circle — have frozen $5 million worth of stablecoins linked to North Korean hacker group Lazarus

The move comes after an investigation by analyst ZachXBT, who identified links between two wallet addresses and Lazarus.

ZachXBT also criticized Circle for waiting longer than other issuers to freeze the tokens, at 4.5 months.

According to ZachXBT, the Lazarus group laundered over $200 million using cryptocurrencies.

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