North Korean Hackers Launder Stolen Funds Through Asian Payment Firm
Monday, 15 July 2024, 10:08
North Korean Hackers Launder Stolen Funds
A major Cambodian payments firm, Huione Pay, received over $150,000 in crypto from a digital wallet used by North Korean hackers.
Laundering Process
- Transfer Details: Crypto transferred to Huione Pay between June 2023 and February this year.
- Criminal Activity: Funds were stolen from three crypto companies via phishing attacks.
Experts identified the wallet as being used by the Lazarus hacking group.
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