Lazarus Group's Connection to $35M Laundering Traced Through Huione Following $305M DMM Bitcoin Breach

Monday, 15 July 2024, 07:50

Uncover how $35M diverted from the DMM Bitcoin hack were channeled through Huione, mirroring known Lazarus Group strategies. Discover how Tether intervenes to halt fund movement. Delve into the intricate details behind the scenes.
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Lazarus Group's Connection to $35M Laundering Traced Through Huione Following $305M DMM Bitcoin Breach

Overview:

$35M from the DMM Bitcoin breach flowed through Huione, resembling tactics associated with the notorious Lazarus Group.

Key Points:

  • Theft Route: $35M laundered through Huione post $305M DMM Bitcoin security breach.
  • Criminal Association: Tactics mirroring those attributed to the Lazarus Group.
  • Intervention: Tether's actions to freeze the illicitly acquired funds.

Conclusion: This detailed narrative unravels the maze of interconnected financial transactions orchestrating a bold cyber heist scenario.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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