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International Business Times
International Business Times
Business
Nica Osorio

Lazarus Hacking Group Moves Over $1M In BTC From Crypto Mixer Amid Spot Bitcoin ETF Buzz

Bitcoin Crypto ETF the Lazarus Group Lazarus Group Arkham The US Treasury Department TRM Labs
crypto hacking concept (Credit: Bybit/flickr.com)

KEY POINTS

  • The Lazarus Group has stolen an estimated $3 billion worth of cryptocurrency since 2017
  • The cybercriminals are believed to be sponsored by the North Korean government
  • The U.S. Treasury Department also linked the $600 million 'Axie Infinity' Ronin bridge exploit to the notorious group

Notorious cybercriminals known as the Lazarus Group has moved more than $1 million in Bitcoin following months of inactivity. This comes amid growing anticipation surrounding the long- awaited approval of a spot BTC exchange-traded fund (ETF).

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