Lazarus Group Moves $30M in Crypto Amid US Regulatory Talks
Crypto wallets linked to North Korea's Lazarus Group have moved over $30 million in digital assets through Hyperliquid, raising concerns among regulators. This activity coincides with ongoing discussions about integrating the exchange into US markets, highlighting potential risks in the DeFi space.
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North Korea’s $30M crypto cashout just handed legacy finance its best weapon to kill DeFi’s US debut
CME and ICE told Washington in May that Hyperliquid's pseudonymous, always-on markets could let sanctioned state actors circumvent enforcement. On Aug. 31, an Arkham analysis reviewed by CoinDesk found that wallets linked to North Korea's Lazarus Group had sold more than $30 million of Bitcoin through Hyperliquid over the prior three weeks. The proceeds were […] The post North Korea’s $30M crypto cashout just handed legacy finance its best weapon to kill DeFi’s US debut appeared first on CryptoSlate .
Lazarus Group-linked addresses move $30M through Hyperliquid
Crypto wallets linked to the OFAC-sanctioned Lazarus Group moved $30 million in digital assets through Hyperliquid, weeks after regulators said they were working on a path to introduce the exchange into US markets.
Lazarus moves $30M through Hyperliquid as US talks advance
Wallets linked to North Korea’s Lazarus Group have sold more than $30 million in Bitcoin through Hyperliquid over three weeks as U.S. officials and Payward explore regulated access to the platform. Lazarus-linked wallets convert Bitcoin into ETH and SOL Arkham…
North Korean hackers are moving tens of millions on Hyperliquid as Trump pushes to onshore the crypto platform
Blockchain data reviewed by CoinDesk shows wallets tied to North Korea’s Lazarus Group sold more than $30 million in bitcoin on the platform in the last three weeks alone.