LAZARUS
433,231 views
58 Discussing
Hot
Latest
#Solana Policy Institute Donates $500K to #Tornado #Cash Developers’ Legal Defense Amid Crypto Industry Concerns
Solana Policy Institute Steps Up for Tornado Cash Developers
In a bold move to support embattled cryptocurrency developers, the Solana Policy Institute (SPI), a prominent crypto advocacy group, has pledged $500,000 to fund the legal defenses of Roman Storm and Alexey Pertsev, the developers behind the Tornado Cash Ethereum-based coin mixing service. This announcement, made on August 28, 2025, comes as the crypto industry grapples with the broader implications of their convictions, which many fear could set a dangerous precedent for software developers worldwide. Here’s an in-depth look at this significant development, its impact on the crypto ecosystem, and the ongoing fight for developer protections.
The Legal Battle of Tornado Cash Developers
Roman Storm and Alexey Pertsev, key figures in the development of Tornado Cash, a privacy-focused cryptocurrency mixing service, have faced severe legal challenges in recent years. Storm was convicted in Manhattan earlier this month for operating an unlicensed money-transmitting business, a charge that carries a potential five-year prison sentence. The jury, after four days of deliberation, could not reach a verdict on additional charges of conspiracy to commit money laundering and conspiracy to violate U.S. sanctions, leaving open the possibility of a retrial. Meanwhile, Pertsev was sentenced in 2024 by a Dutch court to over five years in prison for money laundering, a ruling he is currently appealing.
These convictions have sent shockwaves through the crypto industry and broader tech community, raising alarms about the potential criminalization of software development. Tornado Cash, designed to enhance transaction privacy on the Ethereum blockchain, has been criticized by regulators for its alleged use in illicit activities, such as money laundering by groups like North #Korea ’s #Lazarus Group...
read more 24crypto .news
Solana Policy Institute Steps Up for Tornado Cash Developers
In a bold move to support embattled cryptocurrency developers, the Solana Policy Institute (SPI), a prominent crypto advocacy group, has pledged $500,000 to fund the legal defenses of Roman Storm and Alexey Pertsev, the developers behind the Tornado Cash Ethereum-based coin mixing service. This announcement, made on August 28, 2025, comes as the crypto industry grapples with the broader implications of their convictions, which many fear could set a dangerous precedent for software developers worldwide. Here’s an in-depth look at this significant development, its impact on the crypto ecosystem, and the ongoing fight for developer protections.
The Legal Battle of Tornado Cash Developers
Roman Storm and Alexey Pertsev, key figures in the development of Tornado Cash, a privacy-focused cryptocurrency mixing service, have faced severe legal challenges in recent years. Storm was convicted in Manhattan earlier this month for operating an unlicensed money-transmitting business, a charge that carries a potential five-year prison sentence. The jury, after four days of deliberation, could not reach a verdict on additional charges of conspiracy to commit money laundering and conspiracy to violate U.S. sanctions, leaving open the possibility of a retrial. Meanwhile, Pertsev was sentenced in 2024 by a Dutch court to over five years in prison for money laundering, a ruling he is currently appealing.
These convictions have sent shockwaves through the crypto industry and broader tech community, raising alarms about the potential criminalization of software development. Tornado Cash, designed to enhance transaction privacy on the Ethereum blockchain, has been criticized by regulators for its alleged use in illicit activities, such as money laundering by groups like North #Korea ’s #Lazarus Group...
read more 24crypto .news
See original
🔴 Lazarus is back in action — fake companies, fake interviews, real thefts
— The North Korean hacker group Lazarus has created 3 fake companies, two of which are registered in the USA. The goal is to attack the crypto market from within.
📉 How the scheme works:
• Fake startups are created,
• AI-generated "employees" are used,
• Crypto developers are invited to "interviews,"
• During the communication — malware is injected
• Next — theft of private keys and access to wallets
💰 Since 2017, Lazarus has stolen over $3 billion in cryptocurrencies. These schemes are their signature style.
👾 Developers, be cautious: — Do not download files from unknown companies
— Check websites and names — especially if an "HR" with an .ai avatar contacts you
— Use isolated devices to store seed phrases
🔴 Subscribe — we will tell you how to protect yourself from hackers in suits
#bitcoin #crypto #lazarus #cybersecurity #BTC $ETH $BNB $XRP
— The North Korean hacker group Lazarus has created 3 fake companies, two of which are registered in the USA. The goal is to attack the crypto market from within.
📉 How the scheme works:
• Fake startups are created,
• AI-generated "employees" are used,
• Crypto developers are invited to "interviews,"
• During the communication — malware is injected
• Next — theft of private keys and access to wallets
💰 Since 2017, Lazarus has stolen over $3 billion in cryptocurrencies. These schemes are their signature style.
👾 Developers, be cautious: — Do not download files from unknown companies
— Check websites and names — especially if an "HR" with an .ai avatar contacts you
— Use isolated devices to store seed phrases
🔴 Subscribe — we will tell you how to protect yourself from hackers in suits
#bitcoin #crypto #lazarus #cybersecurity #BTC $ETH $BNB $XRP
See original
🚨Lazarus has converted 100% of the ETH stolen from Bybit into BTC.
#Lazarus #LazarusGroup #BTC #ETH #HackerAlert $BTC $ETH
#Lazarus #LazarusGroup #BTC #ETH #HackerAlert $BTC $ETH
See original
Caution when participating in the crypto market: 38 million USD confiscated, revealing the dark side of illegal platforms
Recently, the German authorities confiscated 38 million USD in cryptocurrency from the eXch exchange, raising serious warnings about the risks of trading on unregulated platforms.
#eXch , operating since 2014, offers anonymous cryptocurrency asset swapping services, without implementing identity verification (KYC) or anti-money laundering (AML) measures. This makes it an ideal tool for cybercriminals. Approximately 1.9 billion USD has been transferred through this platform, including stolen cryptocurrency – part of which comes from the 1.4 billion USD hack of the Bybit exchange, allegedly conducted by the North Korean hacker group #Lazarus .
The incident shows:
Opaque exchanges pose significant legal risks.
Users' funds can be traced, frozen, or confiscated if linked to illegal money flows.
Users may unknowingly facilitate money laundering activities.
Advice: Only use legal exchanges that are strictly regulated and comply with international standards.
Risk warning: Investing in cryptocurrency always carries high risks and is not suitable for everyone. Always conduct thorough research and protect your assets.
Recently, the German authorities confiscated 38 million USD in cryptocurrency from the eXch exchange, raising serious warnings about the risks of trading on unregulated platforms.
#eXch , operating since 2014, offers anonymous cryptocurrency asset swapping services, without implementing identity verification (KYC) or anti-money laundering (AML) measures. This makes it an ideal tool for cybercriminals. Approximately 1.9 billion USD has been transferred through this platform, including stolen cryptocurrency – part of which comes from the 1.4 billion USD hack of the Bybit exchange, allegedly conducted by the North Korean hacker group #Lazarus .
The incident shows:
Opaque exchanges pose significant legal risks.
Users' funds can be traced, frozen, or confiscated if linked to illegal money flows.
Users may unknowingly facilitate money laundering activities.
Advice: Only use legal exchanges that are strictly regulated and comply with international standards.
Risk warning: Investing in cryptocurrency always carries high risks and is not suitable for everyone. Always conduct thorough research and protect your assets.
See original
Lazarus – Has Hacked over 6 Billion USD since 2017 - Notorious Cybercrime Gang
Lazarus
The Lazarus hacker group has stolen over 6 billion USD in cryptocurrency since 2017, becoming the most dangerous gang in the field of cyber attacks.
Severe security vulnerability in crypto transactions
The incident shows
weak security levels
of many cryptocurrency trading systems, facilitating large-scale attacks.Severe consequences for the cryptocurrency industrySignificant financial losses for the victims.
The Lazarus hacker group has stolen over 6 billion USD in cryptocurrency since 2017, becoming the most dangerous gang in the field of cyber attacks.
Severe security vulnerability in crypto transactions
The incident shows
weak security levels
of many cryptocurrency trading systems, facilitating large-scale attacks.Severe consequences for the cryptocurrency industrySignificant financial losses for the victims.
North Korea's Ascension in Bitcoin Holdings:
North Korea has emerged as the third-largest holder of Bitcoin globally, surpassed only by the United States and the United Kingdom. This position results from the cyber-hacking group Lazarus, which accumulated approximately 13,580 Bitcoin, valued at £886 million. A notable heist involved the cryptocurrency exchange Bybit, where over £1.2 billion in Ethereum was stolen. These cyber activities are believed to fund North Korea's military programs, with estimates suggesting up to 40% of its nuclear program is financed through such means.
Also, 🇰🇵 North Korea’s Lazarus group has converted the stolen $ETH to $BTC after the Bybit hack, now holding 13,562 $BTC worth around $1.12B per data from Arkham.
| #Lazarus
North Korea has emerged as the third-largest holder of Bitcoin globally, surpassed only by the United States and the United Kingdom. This position results from the cyber-hacking group Lazarus, which accumulated approximately 13,580 Bitcoin, valued at £886 million. A notable heist involved the cryptocurrency exchange Bybit, where over £1.2 billion in Ethereum was stolen. These cyber activities are believed to fund North Korea's military programs, with estimates suggesting up to 40% of its nuclear program is financed through such means.
Also, 🇰🇵 North Korea’s Lazarus group has converted the stolen $ETH to $BTC after the Bybit hack, now holding 13,562 $BTC worth around $1.12B per data from Arkham.
| #Lazarus
See original
Lazarus Group (a hacker group supported by North Korea 🇰🇵) launched an attack on the OKX DEX platform! 🚨
The attack led to a temporary suspension of service by OKX, which is a popular cryptocurrency exchange. The Lazarus Group is known to be one of the most dangerous groups on the internet, carrying out attacks targeting cryptocurrency platforms and stealing users' funds to finance the North Korean regime.
#TonRally #Lazarus #NorthKoreaHackers #BTC #bitcoin
$BTC
The attack led to a temporary suspension of service by OKX, which is a popular cryptocurrency exchange. The Lazarus Group is known to be one of the most dangerous groups on the internet, carrying out attacks targeting cryptocurrency platforms and stealing users' funds to finance the North Korean regime.
#TonRally #Lazarus #NorthKoreaHackers #BTC #bitcoin
$BTC
See original
Where Did the Stolen Ethereum from the Bybit Hack Go?!
🔴 The North Korean Lazarus organization converted all the revenues generated from the Bybit platform hack into Bitcoin (BTC), including 500,000 Ethereum (ETH) valued at over one billion dollars.
📛 The assets were converted at a time when the price of Ethereum fell below 2100 dollars.
#Lazarus #Bybit #هجوم_سيبراني #الإيثريوم #أمن_البلوكشين
📛 The assets were converted at a time when the price of Ethereum fell below 2100 dollars.
#Lazarus #Bybit #هجوم_سيبراني #الإيثريوم #أمن_البلوكشين
North Korea's Lazarus Group behind the $1.2 Billion Ethereum Heist. 🇰🇵
A massive $1.19 billion crypto theft has shaken the industry, with North Korea’s Lazarus Group accused of hacking an Ethereum wallet on Bybit. The February 23 attack caused Ethereum’s price to drop 4%, reigniting concerns over exchange security.
Blockchain forensics firm Arkham Intelligence linked the breach to Lazarus, known for funding Pyongyang through cybercrime. Bybit CEO Zhou confirmed 350,000 withdrawal requests but assured users that assets remained secure. Recovery efforts face challenges despite global law enforcement involvement.
The heist follows North Korea’s growing reliance on crypto theft, with Lazarus previously orchestrating billion-dollar breaches, including the $625M Ronin Network hack. Experts stress the need for multi-signature wallets, AI-driven security, and stronger regulatory collaboration to combat state-backed cyber threats.
#NorthKoreaHackers #northkorea #LazarusGroup #Lazarus #Ethereum $ETH
A massive $1.19 billion crypto theft has shaken the industry, with North Korea’s Lazarus Group accused of hacking an Ethereum wallet on Bybit. The February 23 attack caused Ethereum’s price to drop 4%, reigniting concerns over exchange security.
Blockchain forensics firm Arkham Intelligence linked the breach to Lazarus, known for funding Pyongyang through cybercrime. Bybit CEO Zhou confirmed 350,000 withdrawal requests but assured users that assets remained secure. Recovery efforts face challenges despite global law enforcement involvement.
The heist follows North Korea’s growing reliance on crypto theft, with Lazarus previously orchestrating billion-dollar breaches, including the $625M Ronin Network hack. Experts stress the need for multi-signature wallets, AI-driven security, and stronger regulatory collaboration to combat state-backed cyber threats.
#NorthKoreaHackers #northkorea #LazarusGroup #Lazarus #Ethereum $ETH
The notorious North Korean hacking group, Lazarus, has reportedly set its sights on another target in the decentralized finance (DeFi) space: the OKX DEX aggregator service. The major cryptocurrency exchange has taken swift action, temporarily suspending the service to implement security upgrades and address vulnerabilities.
#OKx #Lazarus #NorthKoreaHackers #Write2Earn
#OKx #Lazarus #NorthKoreaHackers #Write2Earn
See original
Not Lazarus Hack Bybit !!! Found the culprit !!!
FBI Confirms North Korean Hacker Group TraderTraitor Stole $1.5 Billion From Bybit Exchange
On February 27, 2025, the United States Federal Bureau of Investigation (FBI) officially confirmed a large-scale cyber attack targeting the cryptocurrency exchange Bybit. According to the FBI's announcement, the notorious hacker group TraderTraitor, which is linked to the North Korean government, was identified as the culprit behind the incident. The attack, which took place on February 21, 2025, caused Bybit to lose up to 1.5 billion USD.
On February 27, 2025, the United States Federal Bureau of Investigation (FBI) officially confirmed a large-scale cyber attack targeting the cryptocurrency exchange Bybit. According to the FBI's announcement, the notorious hacker group TraderTraitor, which is linked to the North Korean government, was identified as the culprit behind the incident. The attack, which took place on February 21, 2025, caused Bybit to lose up to 1.5 billion USD.
See original
😎 Revenge from #Bybit
The Bybit exchange has announced a hunt for the group #Lazarus
🎯 Anyone can participate in the Lazarus Bounty program by simply connecting their wallet. Anyone who correctly identifies the stolen funds for freezing will receive 5% of their amount.
The CEO stated that the program will remain in effect until Lazarus is punished.
The FBI couldn't do it, but the crypto folks can 😁
The Bybit exchange has announced a hunt for the group #Lazarus
🎯 Anyone can participate in the Lazarus Bounty program by simply connecting their wallet. Anyone who correctly identifies the stolen funds for freezing will receive 5% of their amount.
The CEO stated that the program will remain in effect until Lazarus is punished.
The FBI couldn't do it, but the crypto folks can 😁
See original
The $1.5 billion from the Bybit hack traced to a cryptocurrency exchange in Greece
Greek authorities have traced the $1.5 billion stolen from the Bybit cryptocurrency exchange hack in February to an unnamed exchange in Greece. The hack is believed to have been carried out by North Korea's group #Lazarus .
Developments and actions of the authorities
The head of Greece's Anti-Money Laundering Authority, Charalambos Vourliotis, stated that a suspicious transaction was detected in May, involving a large amount of Ethereum transferred to a user's wallet on this exchange. A seizure order has been issued and the case has been forwarded to the Prosecutor's Office for legal action.
Bybit reported recovering $42.89 million, but about 7.59% of the funds had "disappeared" due to the use of anonymous tools like mixers, making recovery difficult. This case highlights the complexity of money laundering activities involving cryptocurrency.
#greece
Greek authorities have traced the $1.5 billion stolen from the Bybit cryptocurrency exchange hack in February to an unnamed exchange in Greece. The hack is believed to have been carried out by North Korea's group #Lazarus .
Developments and actions of the authorities
The head of Greece's Anti-Money Laundering Authority, Charalambos Vourliotis, stated that a suspicious transaction was detected in May, involving a large amount of Ethereum transferred to a user's wallet on this exchange. A seizure order has been issued and the case has been forwarded to the Prosecutor's Office for legal action.
Bybit reported recovering $42.89 million, but about 7.59% of the funds had "disappeared" due to the use of anonymous tools like mixers, making recovery difficult. This case highlights the complexity of money laundering activities involving cryptocurrency.
#greece
🔐 North Korean Hackers Stole $500M in 2025
Lazarus Group leads nation-state crypto hacks.
DeFi remains primary attack target.
Security must evolve — fast.
#CryptoSecurity #Lazarus #DeFiRisks
Lazarus Group leads nation-state crypto hacks.
DeFi remains primary attack target.
Security must evolve — fast.
#CryptoSecurity #Lazarus #DeFiRisks
😡 Yeh Hai #Lazarus – $1.46B Chori Ho Gayi! 💰🚨
🚨 Bybit se $1.46 BILLION ka bada crypto heist! Yeh sirf ek hack nahi tha, code nahi toota, log toote! 💔💻
💀 Kaun Hai Lazarus?
🛑 Lazarus ek state-backed North Korean hacking group hai, jo banks, crypto exchanges aur DeFi protocols se billions loot chuka hai! 😱💸
🛑 Ab tak ki sabse badi #CryptoHeist ho chuki hai! 💰🔥
⚠️ Kya Yeh Crypto Ki Sabse Badi Chori Hai?
🔹 Lazarus banking system aur DeFi ke bade players ko target karta hai! 💻🎯
🔹 Isse pehle bhi Sony hack (2014), Bangladesh Bank hack (2016), WannaCry ransomware (2017) jaise bade cyber attacks ka mastermind yehi tha! 🕵️♂️💀
🔹 Ab Bybit se record-breaking $1.46B chori karna ek naya crypto security nightmare ban chuka hai! 🚨💰
🔍 Aap Kya Sochte Ho? Crypto World Kya Next Move Karega? 👇🔥
📢 Trending Now: #BybitHack 🔥 #CryptoHeist 💰
🚨 Bybit se $1.46 BILLION ka bada crypto heist! Yeh sirf ek hack nahi tha, code nahi toota, log toote! 💔💻
💀 Kaun Hai Lazarus?
🛑 Lazarus ek state-backed North Korean hacking group hai, jo banks, crypto exchanges aur DeFi protocols se billions loot chuka hai! 😱💸
🛑 Ab tak ki sabse badi #CryptoHeist ho chuki hai! 💰🔥
⚠️ Kya Yeh Crypto Ki Sabse Badi Chori Hai?
🔹 Lazarus banking system aur DeFi ke bade players ko target karta hai! 💻🎯
🔹 Isse pehle bhi Sony hack (2014), Bangladesh Bank hack (2016), WannaCry ransomware (2017) jaise bade cyber attacks ka mastermind yehi tha! 🕵️♂️💀
🔹 Ab Bybit se record-breaking $1.46B chori karna ek naya crypto security nightmare ban chuka hai! 🚨💰
🔍 Aap Kya Sochte Ho? Crypto World Kya Next Move Karega? 👇🔥
📢 Trending Now: #BybitHack 🔥 #CryptoHeist 💰
Login to explore more contents