THELOGICALINDIAN - The Office of Foreign Asset Control OFAC has added three ethereum addresses to its Specially Designated Nationals And Blocked Persons List SDN OFAC alleges the ether addresses are controlled by the Lazarus Accumulation a cybercrime accumulation that is associated with North Korea
Lazarus Group Behind Axie Infinity Heist
The U.S. Treasury Department’s OFAC has added three ethereum addresses that are allegedly associated affiliated with the Lazarus Group cybercrime syndicate to its SDN list. The accession of the addresses comes a few weeks afterwards U.S. authorities accused the Lazarus Group and North Korean hackers of actuality abaft the $620 actor Axie Infinity heist.
As ahead appear by Bitcoin.com News, afterwards letters of the hacking emerged, the U.S. government claimed the cybercrime accumulation was allotment of a accumulation of hackers that spearheaded the Ronin arch advance that resulted in the siphoning of over 173,000 ethereum tokens. Also, above-mentioned to the department’s latest update, the ethereum bond activity Tornado Cash revealed it was blocking OFAC accustomed addresses from application the mixer.
North Korea Sanctions Evasion
In a statement appear via Twitter on April 22, the U.S. Treasury Department appropriate the blocking of admission to funds at the appointed addresses would bankrupt the sanctions-evading North Korea of a basic antecedent of revenue. The account explained:
While authorities in the U.S. assert the barricade will stop North Korea from application the baseborn crypto, an beforehand abode by Bitcoin.com News appropriate the cybercriminals would still be able to move the funds by artlessly appointment the funds to an adulterine ether address.
Meanwhile, in accession to anon blocking the three ethereum addresses, the U.S. Treasury Department account warned adjoin transacting with these addresses. The account appropriate that those accomplishing so would become a ambition of U.S. sanctions.
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