Recent reports indicate that North Korea's Lazarus Group is moving funds through crypto mixers to evade tracking.
Activities of Lazarus Group
In recent days, several blockchain analysis firms have reported that North Korea's Lazarus Group is moving funds through crypto mixers. Certik's post dated March 13, 2025, noted an unusual deposit of 400 ETH in Tornado Cash linked to this group.
Market Impact
In recent years, the Lazarus Group has stolen billions from the crypto market, including $1.3 billion from Bybit and a $600 million hack on Ronin Bridge. In 2024, North Korean hackers stole approximately $1.3 billion, double the amount from 2023.
Hacker Strategies
Research indicates that the Lazarus Group uses six malicious packages that mimic original libraries in repositories. These packages aim to steal critical credentials like wallet phrases. The use of crypto mixers among hackers has surged, as these services help divert illicit funds away from tracking.
Counteracting hackers is part of an ongoing struggle for crypto market security. Market recovery requires enhanced security measures.
