Feds seize tiny sliver of crypto stolen by Lazarus Group • The Register
The US government is attempting to claw back more than $2.67 million stolen by North Korea’s Lazarus Group, filing two lawsuits to force the forfeiture of millions in Tether and Bitcoin.
The first lawsuit stems from the 2022 Deribit hack, during which the North Korean criminals drained about $28 million from the crypto exchange’s hot wallet. The crooks then laundered the funds through virtual currency exchanges, the Tornado Cash mixer and virtual currency bridges in an attempt to cover their tracks.
“Although mixing services are used to obfuscate the trail of funds, law enforcement can sometimes trace the funds in and out – as they did here,” according to the court documents [PDF].
