OFAC identifies four crypto addresses linked to the Ronin network hack and associates them with the Lazarus hacker group – DiarioBitcoin

US authorities capture nuclear engineer after receiving cryptocurrencies for the sale of secret plans - DiarioBitcoin

OFAC identifies four crypto addresses linked to the Ronin network hack and associates them with the Lazarus hacker group - DiarioBitcoin For Angel Di Matteo @shadowargel

The report published by the OFAC and the indicated addresses coincide with reports presented by other investigative agencies, which link the North Korean group Lazarus to the attack that subtracted funds from the network Ronin.


The Office for Foreign Assets Control (OFAC), entity attached to US Treasury Departmentpointed to four crypto addresses allegedly linked to the hack perpetrated by network attackers Ronin, ecosystem blockchain associated with the popular game P2E Axie Infinity who was the victim of an attack that led to the theft of some $600 million in crypto funds.

OFAC flags addresses associated with network hacking ronin

According to the report issued by the OFAC, the addresses in question were linked to this network attack Ronin, but one of them had already been previously pointed out by the regulatory entity in a previously published report.

According to the report in question, the officials link the accounts to the hacker group Lazarus, which has strong ties to the North Korean government and is also associated with other high caliber attacks perpetrated against reputable companies and organizations, both in the US and abroad.

In this regard, the report presented by OFAC makes the following points:

Digital currency address: ETH 0x098B716B8Aaf21512996dC57EB0615e2383E2f96;

Alternative digital currency address: ETH 0xa0e1c89Ef1a489c9C7dE96311eD5Ce5D32c20E4B;

Alternative digital currency address: ETH 0x3Cffd56B47B7b41c56258D9C7731ABaDc360E073;

Alternative digital currency address: ETH 0x53b6936513e738f44FB50d2b9476730C0Ab3Bfc1;

Secondary Sanctions Risk: North Korea Sanctions Regulations, sections 510.201 and 510.210; Prohibited Transactions for Persons Owned or Controlled by US Financial Institutions: North Korea Sanctions Regulations Section 510.

The attack on the Ronin network

As many will already know, the network ronin was the victim of a hack at the end of last March, which resulted in losses of more than USD $625 million after the theft of 173,600 ETH and about 25.5 million tokens USDC.

According to him report published by the developersthe attack affected the validation nodes of Ronin Network for Sky Mavisas well as the decentralized autonomous organization (DAO) from Axie. The hacker behind these events used the private keys hacked to spoof withdrawals, draining bridge funds ronin in just two transactions. The most curious thing is that the exploit apparently it would have happened on March 23, but it was only discovered after a user experienced difficulties when he unsuccessfully tried to withdraw 5,000 ETH.

As for the ongoing investigation, the CEO of the exchange of cryptocurrencies BinanceChangpeng “CZ” Zhao, said that his team managed to recover the amount of USD $5.8 million associated with the hack perpetrated against the network Ronin:

“The DPRK (Democratic People’s Republic of Korea) hacking group started moving their stolen funds from Axie Infinity today. Some of this was done to Binance, spread across more than 86 accounts. $5.8 million has been recovered. We’ve done this many times for other projects in the past as well. stay #SAFU”.

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Source: TheBlockCrypto, TreasuryUSA

Angel Di Matteo version / DailyBitcoin

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WARNING: This is an informative article. DiarioBitcoin is a means of communication, it does not promote, endorse or recommend any investment in particular. It is worth noting that investments in crypto assets are not regulated in some countries. May not be suitable for retail investors as the full amount invested could be lost. Check the laws of your country before investing.

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