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Lazarus Group Strikes Again: $3.1M Tron Hack Traced to Tornado Cash

Coin WorldSaturday, Mar 1, 2025 7:12 am ET
1min read

The Lazarus Group, a notorious hacker collective, has reportedly struck again, this time targeting an unidentified victim on the Tron blockchain. The attack, which occurred yesterday, resulted in a loss of approximately $3.1 million for the victim.

The stolen funds were initially bridged from Tron to the Ethereum mainnet, before being transferred to ten different addresses. Ultimately, the funds were deposited into Tornado Cash, a popular privacy-focused platform. This move suggests that the hackers were attempting to obfuscate the trail of the stolen funds.

The attack was identified by on-chain detective ZachXBT, who posted about the incident in the official channel. ZachXBT also noted that the theft address used in this attack was the same as one identified in a United Nations report from March 2024, which linked it to the Lazarus Group.

The Lazarus Group is known for its sophisticated hacking techniques and has been linked to several high-profile attacks in the past. Their involvement in this latest incident underscores the ongoing threat posed by these hacker collectives to the cryptocurrency industry.

As the cryptocurrency market continues to grow, so too does the need for robust security measures to protect users and their assets. This latest attack serves as a reminder of the importance of implementing strong security protocols and staying vigilant against potential threats.

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