North Korea’s Lazarus Group Moves $7.74 Million in Bitcoin to New Address

BitcoinWorld North Korea’s Lazarus Group Moves $7.74 Million in Bitcoin to New Address North Korea’s Lazarus Group, a state-sponsored hacking collective, has moved 121.5 Bitcoin (BTC) valued at approximately $7.74 million to a new wallet address, according to blockchain tracking firm Lookonchain.

The transfer was detected on June 6, 2025, and marks another instance of the group’s ongoing efforts to launder funds from previous cyber heists. Details of the Transfer Lookonchain flagged the transaction, which originated from a known Lazarus Group-associated wallet.

The funds were moved in a single batch to a newly created address, a common technique used by the group to obscure the trail of stolen assets.

Blockchain analysts are now monitoring the new address for further movements, which could indicate attempts to convert the Bitcoin into other cryptocurrencies or fiat currency through mixers and decentralized exchanges.