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North Korea’s Lazarus Group launders $290M in crypto via Ethereum, Bitcoin

North Korea’s Lazarus Group launders $290M in crypto via Ethereum, Bitcoin

Hackers linked to North Korea’s Lazarus Group have laundered $290 million in stolen crypto via Ethereum and Bitcoin. Bitcoin reaching $80,000 in April is at 36.5% YES, down from 44% yesterday.

The $80,000 Bitcoin market dropped from 44% to 36.5% YES after the laundering news broke. That said, the contract was at 31% a week ago, so the current level still represents a net gain over the past seven days. The $150,000 market sits at 0.1% YES, flat and pricing in almost no chance of a large rally.

The hack exposes ongoing DeFi security gaps and raises the likelihood of regulatory responses targeting crypto laundering channels. The Bitcoin market trades $105,235 in USDC daily, but it takes only $24,792 to move the…

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