OFAC Update Claims Ronin Hack Is Tethered to North Korea's Hacker Syndicate Lazarus Group

According to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent Ronin bridge hack may have been tied to the North Korean hacker syndicate called Lazarus Group. Federal law enforcement officials have tied the flagged ethereum address connected with the Ronin bridge exploit to the group of hackers and added the crypto address to OFAC’s Specially Designated Nationals And Blocked Persons list (SDN).

Ronin Bridge Exploiter’s Address Added to OFAC’s SDN List

On April 14, the U.S. government published an OFAC SDN list update which includes the ethereum (ETH) address involved in the recent Ronin bridge exploit. Bitcoin.com News confirméiert on the Ronin bridge attack on March 29, after the protocol associated with the blockchain game Axie Infinity lost $620 million in crypto assets. To date, the Ronin bridge attack has been one of the largest decentralized finance (defi) exploits in 2022.

According to the U.S. Treasury and OFAC, the ethereum address, which is already flagged on blockchain explorers under the name “Ronin bridge exploiters,” belongs to the North Korean hacker syndicate called Lazarus Group. d' Ethereum Portemonnaie holds 144,837.79 ether worth roughly $438.6 million using today’s ether exchange rates. The newly updated SDN list explains that Lazarus Group has various names including the “Guardians of Peace,” “Hidden Cobra,” “Red Dot,” “Temp.Hermit,” and the “New Romantic Cyber Army Team.”

Transactions With Any SDN-Listed Crypto Addresses Are Prohibited by the US Government

OFAC has huet de Public gewarnt about Lazarus Group in the past, as U.S. authorities believe the hackers have been involved with major crypto hacks and ransomware threats. There have also been many Fuerschungsstudien that investigate the North Korean hacking group’s alleged activities. The U.S. Treasury’s and OFAC’s update on Thursday notes that the hacker syndicate is reportedly located in the Potonggang District, Pyongyang, North Korea. Transactions with the OFAC specified ethereum address are prohibited for U.S. persons and financial institutions.

Laut engem Rapport published by the United Nations (UN) in March 2019, North Korea and the country’s supreme leader Kim Jong-un allegedly stockpiled at least $670 million worth of cryptocurrencies. On July 24, 2020, the U.S. Army published an investigativen Bericht that alleged North Korea has roughly 6,000 cyber hackers including the notorious Lazarus Group.

Tags an dëser Geschicht

axie onendlech, defi exploitéiert, Ethereum Adress, ethereum Adressen, Ethereum Portemonnaie, Finanzinstituter, Guardians of Peace, Hacker Group, Hacker Syndicate, Hacker, Hidden Cobra, Kim Jong-un, Rechtsapparat, Lazarus Group, Nordkorea, OFAC, Potonggang District, Pyongyang, ransomware, Red Dot, Sanktiounen, Schatzkammer, US Autoritéiten, Vereenten Natiounen, Vereenegt Staaten, US Persounen, US Schatzkammer

What do you think about the U.S. government claiming that the Ronin bridge hacker is associated with the infamous Lazarus Group? Let us know what you think about this subject in the comments section below.

Vum Jamie Redman

Jamie Redman ass den News Lead bei Bitcoin.com News an e Finanztech-Journalist, deen a Florida wunnt. Redman ass en aktive Member vun der Krypto-Währungsgemeinschaft zënter 2011. Hien huet eng Passioun fir Bitcoin, Open-Source Code an dezentraliséierter Uwendungen. Zënter September 2015 huet Redman méi wéi 5,000 Artikele fir Bitcoin.com News geschriwwen iwwer déi disruptive Protokoller déi haut entstinn.