CRYPTO NEWS Today - Cryptocurrency News Live and Price Prediction - Bitcoin, Ethereum, Defi
CRYPTO NEWS Today - Cryptocurrency News Live and Price Prediction - Bitcoin, Ethereum, Defi
According to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent Ronin bridge hack may have been tied to the North Korean hacker syndicate called Lazarus Group. Federal law enforcement officials have tied the flagged ethereum address connected with the Ronin bridge exploit to the group of hackers and added the crypto address to OFAC’s Specially Designated Nationals And Blocked Persons list (SDN).
Ronin Bridge Exploiter’s Address Added to OFAC’s SDN List
On April 14, the U.S. government published an OFAC SDN list update which includes the ethereum (ETH) address involved in the recent Ronin bridge exploit. Bitcoin.com News reported on the Ronin bridge attack on March 29, after the protocol associated with the blockchain game Axie Infinity lost $620 million in crypto assets. To date, the Ronin bridge attack has been one of the largest decentralized finance (defi) exploits in 2022.
According to the U.S. Treasury and OFAC, the ethereum address, which is already flagged on blockchain explorers under the name “Ronin bridge exploiters,” belongs to the North Korean hacker syndicate called Lazarus Group. The ethereum wallet holds 144,837.79 ether worth roughly $438.6 million using today’s ether exchange rates. The newly updated SDN list explains that Lazarus Group has various names including the “Guardians of Peace,” “Hidden Cobra,” “Red Dot,” “Temp.Hermit,” and the “New Romantic Cyber Army Team.”
According to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent Ronin bridge hack may have been tied to the North Korean hacker syndicate called Lazarus Group. Federal law enforcement officials have tied the flagged ethereum address connected with the Ronin bridge exploit to the group of hackers and added the crypto address to OFAC’s Specially Designated Nationals And Blocked Persons list (SDN).
Ronin Bridge Exploiter’s Address Added to OFAC’s SDN List
On April 14, the U.S. government published an OFAC SDN list update which includes the ethereum (ETH) address involved in the recent Ronin bridge exploit. Bitcoin.com News reported on the Ronin bridge attack on March 29, after the protocol associated with the blockchain game Axie Infinity lost $620 million in crypto assets. To date, the Ronin bridge attack has been one of the largest decentralized finance (defi) exploits in 2022.
According to the U.S. Treasury and OFAC, the ethereum address, which is already flagged on blockchain explorers under the name “Ronin bridge exploiters,” belongs to the North Korean hacker syndicate called Lazarus Group. The ethereum wallet holds 144,837.79 ether worth roughly $438.6 million using today’s ether exchange rates. The newly updated SDN list explains that Lazarus Group has various names including the “Guardians of Peace,” “Hidden Cobra,” “Red Dot,” “Temp.Hermit,” and the “New Romantic Cyber Army Team.”
