lazarus group
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Digital asset firms face potential new regulatory landscape under Treasury’s proposed authority expansion
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The stolen funds are said to derive from several hacks this year, including $60 million from Alphapo and $37 million from CoinsPaid
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The US Treasury has previously sanctioned Lazarus Group, wallet addresses and two Chinese nationals
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The notorious cybercrime group used Ethereum-based Railgun to anonymize their movements, but exchanges froze some assets
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In its first sanction against a crypto mixing service, the Treasury targets Blender.io, which it says was used in the Ronin Network breach
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Hacker collectives Lazarus Group and APT38 ar responsible for the theft, the FBI said
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Hackers stole $625 million last month from the Ronin Network, a sidechain used for play-to-earn game Axie Infinity
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