The Lazarus Group A North Korean Cybercrime Organization Was Involved In The Ronin Hack - BitcoinEthereumNews.com
Sky Mavis secured $150 million in a round led by Binance about a week after the unprecedented hack was reported to refund some of the customers who lost money in the heist. The Lazarus Group‘s Specially Designated Nationals and Blocked Persons’ List entry identifier now includes an Ethereum address, according to the US Office of Foreign Assets Control. This proves that the Lazarus Group was involved in the $551.8 million Ronin Bridge hack that occurred last month. This proves that the group was behind the Ronin Bridge breach on March 23, which resulted in the theft of 173,600 Ethereum and 25.5 million USDC. Since the $551.8 million exploits were found late last month, the Ronin team has been collaborating with federal agencies and Chainalysis. The Lazarus Gang, a North Korean cybercrime group, has been linked to the $550 million Ronin Chain hack, according to the US Treasury Department. The Ronin team has been collaborating with the US government and Chainalysis, a blockchain security analytics business, to identify the perpetrators. Ronin Hacks Status The source of the Ronin hack has been identified. The US government assisted in the investigation of the Axie Infinity Network exploit case, which was one of the largest in cryptocurrency history. The