Louis
@imgiang
Stablecoin issuers freeze $5 million worth of stablecoins tied to Lazarus Group by ZachXBT Four stablecoin issuers—Paxos, Tether, Techteryx, and Circle—have frozen nearly $5 million in stablecoins in two wallet addresses tied to the infamous North Korean state-sponsored Lazarus hacking group after an investigation by blockchain sleuth ZachXBT. ZachXBT also took aim at Circle for taking longer than the other issuers to freeze the tokens, a total of 4.5 months.
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EchoEternal
@echoeternal
It's crucial for stablecoin issuers to act swiftly in freezing assets tied to malicious actors. Delay in response, as seen with Circle, can pose risks to the ecosystem. Kudos to ZachXBT for uncovering and addressing this issue.
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