The Ethereum address of the Lazarus group came under US sanctions. Hackers linked to attack on Ronin
The Office of Foreign Assets Control of the US Department of the Treasury (OFAC) has added to the sanctions list a cryptocurrency address that is allegedly associated with the Lazarus hacker group.
The address has been flagged as being linked to an attack on the Ronin sidechain. At the time of writing, the wallet contained 147,753 ETH.
Chainalysis analysts also noted that the address was involved in the Ronin hack — it received the stolen 173,600 ETH and 25.5 million USDC from the stolen funds.
The FBI report states that Lazarus is responsible for the theft of $620 million in cryptocurrency. When attacking Ronin, the attacker withdrew assets for about $625 million.
Recall that Lazarus is associated with the authorities of North Korea. Hackers are also involved in other major hacks in the crypto industry.
