Lazarus May Be Behind the Hack of Ronin. The US Imposed Sanctions

The Office of Foreign Assets Control of the US Department of the Treasury (OFAC) has added to the sanctions list the cryptocurrency address to which the crypto assets stolen from the Ronin sidechain were received. The same address is allegedly associated with the hacker group Lazarus.

At the time of writing, the specified wallet contained 147,753 ETH. Chainalysis analysts noted that it was this address that received the 173,600 ETH and 25.5 million USDC stolen after the Ronin hack.

The FBI report states that Lazarus is responsible for the theft of $620 million in cryptocurrency. It is noteworthy that after the attack on Ronin, the attacker withdrew approximately the same amount in cryptocurrency.

The Lazarus hacker group, which has committed many cybercrimes around the world, is associated with the North Korean authorities.

The world community organized to help the refugees and the Ukrainian army and imposed strict sanctions against Russia.

The BTC-Alpha team together with trusted volunteer communities created a charity fund ‘Alpha for Ukraine’. You can make a donation to help everyone in Ukraine who needs medicines, humanitarian aid and to support the defence of the country.

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