<\/p>\n
North Korea\u2019s notorious hacking group known as Lazarus Group, has been detected moving US$12 million worth of stolen cryptocurrency through Tornado Cash, a decentralized crypto mixer, despite U.S. sanctions against the platform. <\/p>\n
According to blockchain forensics firm Elliptic, the illicit funds linked to a November hack of the crypto exchange HTX and associated HECO Chain recently moved to Tornado Cash. <\/p>\n
Like other cryptocurrency mixers, Tornado Cash allows users to deposit cryptocurrencies which can then be withdrawn by a different address, effectively obscuring the trail of funds. <\/p>\n
The platform was sanctioned in August 2022 for facilitating the laundering of over US$1 billion, including funds linked to the Lazarus Group. <\/p>\n
Tornado Cash remains operational due to its decentralized nature and the immutability of smart contracts.<\/p>\n
Developers of Tornado Cash, have been charged with various crimes by U.S. authorities.<\/p>\n
As of January this year, developers Roman Storm and Alexey Pertsev received over US$350,000 in donations to fund their legal fees from the public.<\/p>\n
\n Post Views:<\/span> 102<\/span>\n<\/p>\n<\/div>\n \t\t!function(f,b,e,v,n,t,s) North Korea\u2019s notorious hacking group known as Lazarus Group, has been detected moving US$12 million worth of stolen cryptocurrency through Tornado Cash, a decentralized crypto mixer, despite U.S. sanctions against the platform. According to blockchain forensics firm Elliptic, the illicit funds linked to a November hack of the crypto exchange HTX and associated HECO Chain […]<\/p>\n","protected":false},"author":2,"featured_media":265645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-265644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/265644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=265644"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/265644\/revisions"}],"predecessor-version":[{"id":265647,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/265644\/revisions\/265647"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/265645"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=265644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=265644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=265644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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