The U.S. Treasury Department’s Office of Foreign Assets Control’s list of Specially Designated Nationals and Blocked Persons (SDN) was updated Thursday to reflect the possibility that North Korean cybercriminal Lazarus Group was behind last month’s Ronin Bridge hack that involved taken over 173,600 Ether (ETH) and 25.5 million USD Coin (USDC), Chainalysis announced from Twitter. The information was also confirmed by Ronin.
The hack, which took place on March 23, was worth over $600 million at the time. Discovered a few days later, it is one of the largest heists of its kind in history. The coin comes from the play-to-earn role-playing game Axie Infinity, developed by Vietnamese studio Sky Mavis. The game’s developers raised over $150 million to compensate affected users.
This story is under development and will be updated.
https://cointelegraph.com/news/north-korean-lazarus-group-allegedly-behind-ronin-bridge-hack The North Korean Lazarus Group is said to be behind the Ronin Bridge hack