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Chainalysis: North Korean hacker group Lazarus Group turns to new coin mixer YoMix

Chainalysis: North Korean hacker group Lazarus Group turns to new coin mixer YoMix

CointimeCointime2024/02/16 03:40
By:Cointime

Chainalysis reported that the North Korean hacker group Lazarus Group is turning to new money laundering technologies and increasingly using cross-chain bridges. Previously, the group had been active users of the Tornado Cash mixing protocol and Sinbad mixer, but now they have turned to using a new mixer called YoMix.

In 2023, cross-chain protocols obtained $743.8 million worth of cryptocurrency from addresses associated with criminal activity, which is twice the $312.2 million obtained in 2022. Additionally, in 2023, blockchain wallets associated with illegal activity sent $22.2 billion worth of cryptocurrency to various platforms and services throughout the year, significantly lower than the $31.5 billion sent in 2022.

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