The US Treasury Department’s Office of Foreign Assets Control (OFAC) has added a cryptocurrency address to the sanctions list, which is allegedly linked to the Lazarus hacker group.
The address is marked as associated with an attack on the Ronin sidechain. At the time of writing, the wallet contained 147,753 ETH.
Analysts from Brainalysis also noted that the address was involved in the Ronin hack — it received stolen 173,600 ETH and 25.5 million USDC.
The FBI report says that Lazarus is responsible for the theft of $620 million in cryptocurrency.
During the attack on Ronin, the attacker withdrew assets worth about $ 625 million.
Recall that Lazarus is associated with the authorities of North Korea. Hackers are also involved in other major hacks in the crypto industry.
The attack on the Ronin sidechain involved in the Axie Infinity blockchain game became known on March 29. The Ronin hack was the largest in the history of the DeFi segment.