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Lazarus Group Transfers $16.64M in Bitcoin Amid Ongoing Laundering Schemes

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The Lazarus Group, a North Korean-linked entity, has made another large-scale Bitcoin transaction. On [no specific date mentioned], they transferred 262.2 BTC worth $16.64 million to a new address.

This move continues their pattern of using sophisticated laundering techniques with on-chain assets dominated by BTC, USDT, and ETH. The group still controls over $73.06 million in these assets.

Data from wallet trackers shows that the Lazarus Group maintains active addresses linked to multiple prior exchange hacks in the last year.

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