US Seizes Cryptocurrency Worth $30 Million From North Korean Hackers

Bitcoin.com | Sep 9, 2022 at 1:30 AM
  • Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers.
  • The hackers then initiated two withdrawal transactions: one for 173,600 ether (ETH) and the other for 25.5 million USD Coin (USDC), the firm detailed, noting that the North Korea-linked group laundered these funds using “over 12,000 different crypto addresses to-date”.
  • The stolen ETH coins were mixed in batches using the popular mixing service Tornado Cash, Chainalysis continued.