Lazarus Group Withdraws Bitcoin to Personal Wallet

North Korean hacker group Lazarus recently withdrew 1.2M USD Bitcoin to their wallet. Currently, this wallet holds a total value of nearly 80 million USD

Lazarus Group Withdraws Bitcoin To Personal Wallet_65d5d00db6542.webp

The Lazarus group, a hacker group linked to North Korea and accused of multiple attacks over the past three years, has begun moving $1.2 million in Bitcoin obtained from illicit activities. This is one of the most notable transactions of this organization in the past month.

Transaction to transfer Bitcoin (BTC) to Lazarus Group wallet. Source: Arkham Intelligence

According to data from on-chain tracking platform Arkham Intelligence, a wallet identified as being owned by the Lazarus group recently received 27,371 Bitcoin (BTC) through two transactions from an anonymous money flow obscuring service.

Currently, Lazarus Group’s wallet holds a total value of 82.3 million USD, including 76.2 million USD worth of Bitcoin (BTC) and 3.5 million USD worth of Ethereum (ETH).

DawX2ADyFaBMQAAAAAA==

The amount of assets Lazarus Group is holding in their wallet. Source: Arkham Intelligence

The Lazarus group is widely believed to be responsible for numerous security incidents, including those involving CoinEx, Stake, Atomic Wallet, Harmony, and more. According to a cybersecurity report by Recorded Future, it is estimated that the group has amassed over 3 billion USD in the last three years.

Based on information compiled from TRM Labs, North Korean hackers account for about ⅓ of the attacks in 2023, with proceeds of about 600 million USD. The total amount of money that the North Korean hacker group “swordfished” in 2022 also reached more than 1 billion USD.

Related: KyberSwap Hackers Start Laundering Money Through Tornado Cash

In the past, the US Treasury Department accused Lazarus Group of being behind the hack of Axie Infinity’s Ronin cross-chain solution, causing losses of up to 622 million USD.

Taylor Monahan, the developer of Metamask wallet, also discovered that the recent Orbit attack has a similar motif to previous incidents by Lazarus Group.

(100 votes)

5.0/5

(100 votes)

Latest

Bitcoin Boom Ahead Institutional And Derivatives Data Reveal

News | Bitcoin | Editor Choice

Bitcoin Boom Ahead? Institutional and Derivatives Data Reveal

Market experts believe that Bitcoin (BTC) is in a phase of accumulation rather than topping, predicting a retest before the next explosive breakout.

Bitcoin Cools Off After Record Breaking Rally

News | Bitcoin | Editor Choice

Bitcoin Cools Off After Record-Breaking Rally

After a series of record-breaking gains, Bitcoin suddenly slipped more than 2% on Tuesday afternoon as a wave of profit-taking spread and investor caution returned to the crypto market.

Bitcoin Breaks Weekly Inflow Record With $3.55 Billion Surge

News | Bitcoin | Editor Choice

Bitcoin Breaks Weekly Inflow Record with $3.55 Billion Surge

Last week, Bitcoin recorded a historic $3.55 billion in investment inflows, even as its price approached all-time highs and investors largely avoided short products. Across the broader digital asset market, total inflows reached $5.95 billion — the largest weekly figure ever recorded, according to CoinShares.

Bitcoin Hits A New Ath As Profit Margins Continue To Shrink

News | Bitcoin | Editor Choice

Bitcoin Hits a New ATH as Profit Margins Continue to Shrink

Although Bitcoin (BTC) continues to set new price records after every halving, historical data shows that the world’s largest cryptocurrency is experiencing diminishing returns with each new cycle.

Factors Driving Bitcoin’s Strong Rally In ‘uptober’

News | Bitcoin | Editor Choice

Factors Driving Bitcoin’s Strong Rally in ‘Uptober’

Bitcoin enters October with hopes of reviving “Uptober,” as markets bet on an upcoming Fed rate cut and a renewed appetite for risk assets.

Screenshot 2025 09 10 100533