North Korean hacker Lazarus redirects stolen funds from Atomic Wallet to Russia
The blockchain analysis company Elliptic has stated that the Atomic Wallet, where multiple users lost assets for unknown reasons previously, has now reported losses exceeding $100 million. Elliptic is currently tracking over 5500 wallets that suffered losses in this attack. Atomic Wallet's last public update was on June 8th, following the release of their investigation findings.
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North Korean Hacker Group Lazarus Turns to Russian Exchange for Money Laundering
Elliptic believes that Lazarus is behind the Atomic Wallet incident. Elliptic has frozen over $1 million after collaborating with global investigators and exchanges.
Lazarus has also shifted its tactics, turning to the Russian exchange Garantex for money laundering. Garantex was sanctioned by the U.S. Treasury Department in April 2022 for its involvement in ransomware and dark web money laundering, but the exchange continues to operate.