US sanctions more addresses linked to Axie Infinity hack

0

[ad_1]

The Ronin Network exploit happened in March and saw $600 million worth of Ethereum (ETH) and $25 million in USDC stolen.

The US Treasury’s Office of Foreign Asset Control (OFAC) has sanctioned three more Ethereum wallets linked to the recent hack on Ronin Network.

The new addresses have been connected to the North Korea hacking group Lazarus, OFAC said on Friday.

The OFAC revealed the addition of the three virtual currency addresses via an update to its Specially Designated Nationals (SDN) List published on 22 April. All three have ties to the activities of the North Korean state-sponsored hacker group Lazarus Group.

Notably, recent funds movement linked to the three wallets involves proceeds of the exploit on the Ronin blockchain.

“The DPRK has relied on illicit activities like cybercrime to generate revenue while trying to evade US and UN sanctions,” US Treasury tweeted.

The agency has warned that transacting with the designated wallet addresses “risks exposure to US sanctions.”

OFAC listed wallet addresses ‘blocked’

The addition of the three wallets comes just days after the department linked Lazarus Group to the $625 million heist. 

On Friday, the original address used in the attack moved funds to various addresses using Tornado Cash – a mixing service that helps make transactions difficult to trace. The decentralised protocol, which helps make Ethereum transactions private, announced on 15 April that it would block any crypto wallets added to OFAC’s list.

Tornado Cash has reiterated that financial privacy remains “essential to preserving” financial freedom. However, privacy should not be pursued at the “cost of non-compliance,” it added.

In related developments, Binance reportedly recovered $5.8 million worth of funds stolen during the hack. According to Binance CEO Changpeng Zhao, the hackers had sent the funds to 86 accounts.

[ad_2]

Source link

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 77,813.00
ethereum
Ethereum (ETH) $ 2,262.11
tether
Tether (USDT) $ 0.999187
bnb
BNB (BNB) $ 707.35
xrp
XRP (XRP) $ 1.25
usd-coin
USDC (USDC) $ 0.999911
solana
Solana (SOL) $ 94.25
tron
TRON (TRX) $ 0.312858
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.08
hyperliquid
Hyperliquid (HYPE) $ 87.22
zcash
Zcash (ZEC) $ 1,226.23
dogecoin
Dogecoin (DOGE) $ 0.075217
monero
Monero (XMR) $ 596.76
usds
USDS (USDS) $ 1.00
whitebit
WhiteBIT Coin (WBT) $ 74.70
wrapped-steth
Wrapped stETH (WSTETH) $ 2,779.67
chainlink
Chainlink (LINK) $ 11.37
leo-token
LEO Token (LEO) $ 9.37
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00
cardano
Cardano (ADA) $ 0.191856
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
stellar
Stellar (XLM) $ 0.167314
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 2,466.93
bitcoin-cash
Bitcoin Cash (BCH) $ 282.04
near
NEAR Protocol (NEAR) $ 4.27
rain
Rain (RAIN) $ 0.006647
wrapped-eeth
Wrapped eETH (WEETH) $ 2,465.31
dai
Dai (DAI) $ 1.00
susds
sUSDS (SUSDS) $ 1.08
ethena-usde
Ethena USDe (USDE) $ 0.998634
uniswap
Uniswap (UNI) $ 7.14
litecoin
Litecoin (LTC) $ 55.46
canton-network
Canton (CC) $ 0.097443
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 76,366.00
usd1-wlfi
USD1 (USD1) $ 0.998165
avalanche-2
Avalanche (AVAX) $ 8.66
blockchain-usd
Blockchain USD (USDB) $ 0.932324
sui
Sui (SUI) $ 0.893389
weth
WETH (WETH) $ 2,268.37
the-open-network
Gram (prev. Toncoin) (GRAM) $ 1.22
hedera-hashgraph
Hedera (HBAR) $ 0.071234
tether-gold
Tether Gold (XAUT) $ 3,871.97
usdt0
USDT0 (USDT0) $ 0.998824
global-dollar
Global Dollar (USDG) $ 1.00
quant-network
Quant (QNT) $ 199.54
paypal-usd
PayPal USD (PYUSD) $ 0.999975
shiba-inu
Shiba Inu (SHIB) $ 0.000005
bittensor
Bittensor (TAO) $ 232.57
crypto-com-chain
Cronos (CRO) $ 0.051069
Shares