N. Korean hackers launder $27.18M ETH stolen in Harmony Bridge attack

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The Harmony Bridge attackers, who stole $100 million worth of Ethereum (ETH) in June, continue to launder their loot. A hacker laundered his $27.18 million in stolen ETH over the weekend. according to To the on-chain detective ZachXBT.

Investigators reported that six exchanges received laundered funds. Additionally, some of the stolen assets were frozen by the receiving exchange, he said, ZachXBT.

Earlier this week, the Federal Bureau of Investigation (FBI) identified North Korean hacking organization Lazarus Group and its subunit APT38 as culprits in the Harmony Bridge attack. The North Korean government funds the Lazarus Group and affiliates.

On January 13th, hackers laundered over $60 million in stolen ETH, helping the FBI identify the attackers. In addition, some of the stolen funds had been frozen by the FBI with the help of exchanges.

A post about North Korean hackers laundering $27.18 million in ETH stolen in the Harmony Bridge attack first appeared on CryptoSlate.