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U.S. Links North Korean Hacker Group to Record Crypto Heist

  • Ronin bridge was hacked for more than $600 million last month
  • Ethereum address tied to the hackers added to sanction list
Updated on

The U.S. Treasury Department has tied the North Korean hacking group Lazarus to the theft of more than $600 million in cryptocurrency from a software bridge used for the popular Axie Infinity play-to-earn game.

The department added an Ethereum wallet address tied to the group to its sanction list on Thursday. More than $86 million of the stolen cryptocurrency from the Ronin bridge has moved from the wallet through a service called Tornado Cash that allows anonymous token transfers, data show.