Lazarus Group Moves $30M in Crypto Through Hyperliquid to Major Exchanges

BitcoinWorld Lazarus Group Moves $30M in Crypto Through Hyperliquid to Major Exchanges Wallets linked to North Korea’s Lazarus Group, a hacking syndicate sanctioned by the U.S.

Office of Foreign Assets Control (OFAC), have moved approximately $30 million in cryptocurrency through the decentralized trading platform Hyperliquid, according to a report by Wu Blockchain citing analysis from Arkham analyst Emitt Galili.

How the Funds Were Moved Arkham’s analysis indicates that the funds entered Hyperliquid as Bitcoin, were then swapped into Ethereum and Solana, and subsequently bridged to the Tron, Solana, and Ethereum networks.

From there, the assets were transferred to several exchanges, including KuCoin, LBank, Kraken, and multiple unidentified Tron-based services.