Lazarus Group Moves $7.7M in Bitcoin, Renewing Concerns Over Crypto Laundering

The post Lazarus Group Moves $7.7M in Bitcoin, Renewing Concerns Over Crypto Laundering appeared first on Coinpedia Fintech News

North Korea-linked hacking group Lazarus has once again drawn attention after moving 121.5 BTC, worth around $7.74 million, to two unidentified wallet addresses. Blockchain tracking platforms Arkham Intelligence and Lookonchain flagged the transfer. However, the purpose behind the transaction remains unknown. Given the group’s long history of laundering stolen crypto, security experts believe the movement …