On August 13, on-chain analyst Ai Yi (@ai_9684xtpa) flagged that Lazarus Group had transferred 262.2 BTC to a new address two hours earlier. The amount was worth $16.64 million, according to the monitoring data. The analyst suggested the transfer could be for the purpose of laundering funds. The hacker group still holds over $73.06 million in on-chain assets, mostly in BTC, USDT and ETH, the same data showed. The information was reported by BlockBeats.
BlockBeats reports that on-chain analyst Ai Yi (@ai_9684xtpa) tracked a large bitcoin transfer by Lazarus Group. The transaction was executed two hours before the analyst issued the alert: 262.2 BTC moved to a new address, worth $16.64 million.
The analyst described the move as potentially related to laundering. On-chain holdings tied to the group still exceed $73.06 million, dominated by BTC, USDT and ETH.
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