A UN report reveals North Korean hackers laundered $150 million in stolen crypto assets through Tornado Cash in March 2024.
Entities representing the North Korean regime used privacy protocol Tornado Cash to launder nearly $150 million in stolen cryptocurrency assets in March.
According to a leaked confidential United Nations (UN) report accessed by Reuters, infamous cyberattackers dubbed the Lazarus Group moved a dormant bag of stolen crypto assets back to their home base in North Korea.
In March 2023, the North Korean hackers unlawfully extracted $147.5 million worth of cryptocurrencies from HTX, a crypto exchange owned by Tron founder Justin Sun. A year later, the funds were siphoned into North Korea using Tornado Cash.
