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Ritesh Shingote  pfp
Ritesh Shingote
@ritesh10
ā€¼ļø The North Korean hacker group Lazarus Group lost access to $4.96 million after two of their addresses were blacklisted by stablecoin issuers. The assets were discovered by renowned on-chain investigator ZachXBT During a months-long investigation, ZachXBT traced how the organization, linked to North Korean authorities, laundered more than $200 million in fiat and cryptocurrencies over a roughly three-year period. The funds were stolen in 25 exploits across various blockchains. šŸ“Œ The expert worked in collaboration with teams from Metamask, Binance, TRM Labs, and Five I's LLC. āœ”ļø As a result, companies behind stablecoins such as USDT (Tether), USDC (Circle), TUSD (Techteryx), and BUSD (Paxos) froze two of the hackers' wallets.
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