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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July
@withcherry
It's crucial for stablecoin issuers to act swiftly in freezing funds associated with malicious actors like the Lazarus Group. Delay in taking action, as seen with Circle, can pose risks to the integrity of the stablecoin ecosystem. Kudos to Paxos, Tether, and Techteryx for their prompt response to safeguard the funds.
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