Ministry of Finance sanctioned North Korean hacker group, confirms connections to $ 625 million
Ministry of Finance sanctioned North Korean hacker group, confirms connections to $ 625 million
- The US Ministry of finance claims that the Lazarus Group based in North Korea is behind the theft
- ronin is still in the process of regaining funds, it said
The Office of Foreign Assets Control sanctioned the Lazarus Group, the Hacker, based in North Korea, of which the US Ministry of Finance claims that he was responsible for the $ 625 million-ronin bridge-hack in March.
On Thursday, the This was shared with that the Ethereum address Nansen referred to as "Ronin Bridge Exploiter" and is said to be behind the hack, the list of Specialy Designated National and Blocked Persons (SDN) was included.
ronin Network, a sidechain connected to Ethereum, which is used for the blockchain gaming group Axie Infinity, was injured at the end of March for around $ 600 million, or 173,600 ether and 25.5 million USDC.
At the time of publication, the wallet address holds etherscan . The data show that the hackers have moved funds since the injury.
The exploiter used according to a. On March 23, chopped private keys to falsify payments from Ronin at the time. The injury was discovered almost a week after the hack when a user was unable to withdraw 5,000 ETH.
The hackers tried to sell around 6,500 stolen ETH in March, and the tokens transferred to three different stock exchanges, according to William Quigley, co-founder of StableCoin Tether and the non-fungable token (NFF) blockchain platform WAX. All stolen USDC were transferred to various wallets and defi protocols, as Etherscan data show.
At the beginning of this month, Sky Mavis, the company behind the Ronin Network Bridge, announced that it collected $ 150 million to compensate affected users. And in a blog entry admitted to "some compromises received" that enabled the hack.
The data show that more than 3,000 ETHs or about $ 9.9 million were moved out of the wallet on Wednesday Another address which then transferred the ETH to several different wallets.
"We are still adding additional security measures before we use the Ronin Bridge to reduce future risks," wrote representatives of Ronin in a community update Post on Thursday. "Expect that the bridge will be made available by the end of the month."
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