⛔️ Four major stablecoin issuers - Paxos, Tether, Techteryx, and Circle - have frozen $5 million in stablecoins tied to the North Korean hacker group Lazarus

This action followed an investigation by analyst ZachXBT, who identified connections between two wallet addresses and Lazarus 🗣

ZachXBT also criticized Circle for taking 4.5 months to freeze the tokens, longer than other issuers ‼️

According to ZachXBT, the Lazarus group has laundered over $200 million into fiat using cryptocurrency 👀

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