Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»BLOCKCHAIN NEWS»North Korea’s Notorious Lazarus Group Moves 27.371 Bitcoin
BLOCKCHAIN NEWS

North Korea’s Notorious Lazarus Group Moves 27.371 Bitcoin

By Crypto FlexsJanuary 9, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
North Korea’s Notorious Lazarus Group Moves 27.371 Bitcoin
Share
Facebook Twitter LinkedIn Pinterest Email

The Lazarus Group, a notorious hacking group known to be backed by North Korea, recently began large-scale Bitcoin trading, sparking speculation about its future moves in the cryptocurrency sector. On January 8, the group transferred 27,371 BTC, worth about $1.2 million, in two separate transactions that analysts suspect were cryptocurrency mixers. This action ended a period of inactivity and sent 3.343 BTC (approximately $150,582) to the previously used inactive address. The cryptocurrency is currently worth approximately $82,403,084.35. Lazarus Group account.

Blockchain experts at Arkham Intelligence, who reported these transactions, said Lazarus Group’s portfolio held approximately $79 million after the transactions. The fact that this group, known for its cybercrime activities, holds significant amounts of cryptocurrency raises concerns about its potential plans. Lazarus Group has been implicated in a series of major cryptocurrency hacks, including the high-profile attack on the CoinEx exchange and the recent Poloniex breach, which resulted in significant financial losses.

The Lazarus Group’s activities have been of significant interest to the global cybersecurity and financial sectors. They reportedly amassed around $3 billion through various cryptocurrency hacks between 2017 and 2023, with around $1.7 billion being looted in 2022 alone. Many of these stolen assets are suspected of funding North Korea’s weapons of mass destruction (WMD) and ballistic missile programs. The group’s methods include leveraging decentralized finance (DeFi) protocols and using social engineering tactics to infiltrate cryptocurrency exchange networks.​​​​

Moreover, Lazarus Group’s use of hybrid services to obscure financial traces and evade tracking efforts highlights the ongoing challenges in regulating and protecting the cryptocurrency industry. Commonly found on platforms without strong Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, these services allow these groups to continue their illicit activities with reduced risk of detection.​​

Image source: Shutterstock

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Investors surpass 640,000 BTC when looking at Bitcoin Holdings with $ 22 million purchases.

September 30, 2025

Hyperliquid launches USDH Stablecoin issued by Native Markets

September 25, 2025

The new gold protocol of the BNB chain is due to the $ 2 million launch day nucleus.

September 20, 2025
Add A Comment

Comments are closed.

Recent Posts

FLOKI Funds Clean Water Wells In Africa Through Partnership With WWFA

October 8, 2025

Jiuzi Holdings, Inc. Announces Phased Rollout Of $1 Billion Cryptocurrency Acquisition Plan; First Bitcoin Purchase To Be Completed Within Two Weeks

October 8, 2025

Rome Launches Its Genesis NFT Collection “Imperia” On Magic Eden Launchpad

October 8, 2025

BNB price is less than $1,300 on Meme Season Buzz

October 8, 2025

Cryptocurrency trader, OTC fraud claims $ 1.4 million losses, guessing due to KUCOIN deposits

October 7, 2025

Meanwhile, Bitcoin Life Insurer, Secures $82M To Meet Soaring Demand For Inflation-Proof Savings

October 7, 2025

Pepeto Presale Exceeds $6.93 Million; Staking And Exchange Demo Released

October 7, 2025

Eightco Holdings Inc. ($ORBS) Digital Asset Treasury Launches “Chairman’s Message” Video Series

October 7, 2025

Zeta Network Group Enters Strategic Partnership With SOLV Foundation To Advance Bitcoin-Centric Finance

October 7, 2025

Saylor tells MRBAST to buy Bitcoin even after pause the BTC purchase.

October 7, 2025

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

FLOKI Funds Clean Water Wells In Africa Through Partnership With WWFA

October 8, 2025

Jiuzi Holdings, Inc. Announces Phased Rollout Of $1 Billion Cryptocurrency Acquisition Plan; First Bitcoin Purchase To Be Completed Within Two Weeks

October 8, 2025

Rome Launches Its Genesis NFT Collection “Imperia” On Magic Eden Launchpad

October 8, 2025
Most Popular

Michael Jackson’s first studio demo is released on blockchain

December 6, 2023

Ripple could soon dump over 96 million XRP.

December 28, 2023

Analysis of Trump’s Bitcoin Holding Proposal and Its Impact on BTC

December 16, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.