Unraveling the $919M Crypto Empire of the World’s Most Infamous Cyber Cartel
The Lazarus Group, a notorious cybercrime collective suspected of North Korean ties, has amassed nearly $1 billion in cryptocurrency, primarily through exploits like the Bybit hack.
Following the theft of 499,000 ETH from Bybit, Lazarus has redistributed 424,330 ETH across 70 flagged wallets. Their haul includes 236,283 ETH, 3,391 BTC, and millions in altcoins. Despite forensic tracking and global scrutiny, the group continues to shuffle assets across multiple platforms. Their actions suggest highly sophisticated operations, possibly state-supported, as they navigate tightening surveillance to liquidate their vast crypto fortune.
Clever Robot News Desk 4th March 2025
