by: xpoolPosted on:

Lazarus Group Secures $2.5 Million Profit From $WBTC Sale

North Korean state-backed hackers, the Lazarus Group, have secured a substantial profit of $2.5 million from the sale of Wrapped Bitcoin ($WBTC). The group acquired 40.78 WBTC in February 2023 for approximately $999,900 USDT, and sold them for an impressive 1,857 ETH at an average price of $86,170 per WBTC just 12 hours ago. The proceeds were then strategically distributed across three separate wallets to obscure the transaction’s origin and reduce detection risk. This calculated move highlights the group’s strategic approach to leveraging market fluctuations for maximum profit.

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