Crypto

North Korea's Lazarus Group Moves $30M in BTC Through Hyperliquid Amid US Expansion Plans

Guavy AI Editorial Team Published September 1, 2026

Instruments

HYPE BTC ETH SOL ARKM

North Korean hackers associated with the Lazarus Group have liquidated over $30 million in Bitcoin through the Hyperliquid platform, according to on-chain intelligence provided by Arkham and analyzed by CoinDesk.

The funds were exchanged for Ethereum and Solana tokens before being transferred to major centralized trading platforms such as Kraken, LBank, and KuCoin.

This is not the first time North Korean-connected wallets have been spotted on Hyperliquid, with a security analyst from MetaMask discovering suspected Lazarus Group wallets conducting trades on the platform in December 2024.

Meanwhile, Payward, the company behind Kraken, is conducting advanced negotiations with Hyperliquid Labs to provide perpetual futures trading to American customers through Bitnomial, its derivatives platform regulated by the Commodity Futures Trading Commission.

North Korea's Lazarus Group Moves $30M in BTC Through Hyperliquid Amid US Expansion Plans

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