Crypto exchanges Binance and Huobi have again frozen accounts linked to the Harmony Bridge hack that took place last year.
24 June 2022 In history, the agenda was very hot with the Harmony Bridge hack. Hackers attracted attention by seizing nearly $100 million in assets. North Korea-based Lazarus became a prominent anonymous hacking group in the Harmony hack. Exchanges, trying to interfere with the assets stolen by this anonymous group, made a new move. BinanceAnd Huobi, Lazarusassociated with It froze $1.4 million in crypto wallets.
Binance and Huobi Make Moves Towards Harmony Hack
BinanceAnd Huobithought to be linked to the $100 million Harmony hack. froze crypto wallets.
These wallets frozen by crypto exchanges, North Korean hacking group Lazarusassociated with. elliptic As a result of research by a firm called Lazarus, its activities were reported to the stock markets. Exchanges that received the intelligence made a move towards this hacking group and It froze wallets worth $1.4 million.
Sharing his views on the subject elliptic, said:
“The stolen funds were dormant until recently, when our investigators began to see them being transferred from complex chains of transactions to exchanges. By promptly notifying these platforms of these illegal deposits, they were able to suspend these accounts and freeze funds.”
Before Lazarus, which has a confidentiality protocol to transfer and use stolen funds Tried using Tornado Cash . However, the USA Tornado cashHe tried to prevent this with his interventions on the side.
ellipticCEO Simone Maini, argued that this freezing event is important in terms of removing the bad reputation on cryptocurrencies due to money laundering.
