North Korean Lazarus Group Steals $3.1M in Tron Hack

• Lazarus Group hacked $3.1M from a victim on Tron.
• Stolen funds were moved from Tron to Ethereum.
• ETH was split into 10 addresses and sent to Tornado Cash.

Lazarus Group Strikes Again: $3.1M Stolen in Tron Hack

According to blockchain investigator ZachXBT, the notorious North Korean hacking group Lazarus has once again executed a major crypto attack. On February 28, an unknown victim lost approximately $3.1 million in a targeted exploit on the Tron network. The stolen assets were quickly moved across blockchains, highlighting the sophisticated tactics used by these cybercriminals.

How the Attack Unfolded

The stolen funds were initially held on the Tron blockchain but were soon transferred to Ethereum. Once on Ethereum, the hackers strategically divided the assets into ten separate wallets before funneling them through Tornado Cash, a privacy-focused crypto mixer. This move helps obscure the transaction trail, making it more difficult for authorities and blockchain analysts to track the funds.

According to ZachXBT, an unknown victim was attacked by the North Korean hacker Lazarus Group on Tron on February 28, losing about $3.1 million, and the funds have been transferred from Tron to Ethereum. ETH was divided into ten addresses before being deposited into Tornado Cash.…

— Wu Blockchain (@WuBlockchain) March 1, 2025

Lazarus Group’s Ongoing Crypto Crimes

The Lazarus Group, backed by North Korea, has been linked to numerous high-profile crypto heists in recent years, stealing billions from exchanges, DeFi protocols, and individuals. Their primary goal is believed to be financing North Korea’s nuclear and cyber warfare programs. Despite increasing regulatory scrutiny and sanctions, Lazarus continues to exploit vulnerabilities in the crypto space.

What’s Next?

Authorities and blockchain analysts are actively monitoring the stolen funds, but recovering assets laundered through Tornado Cash remains a challenge. As crypto security threats continue to rise, users and institutions must remain vigilant, employing stronger security measures to protect their assets.

The post North Korean Lazarus Group Steals $3.1M in Tron Hack appeared first on Coinomedia.com.