On March 1, hackers linked to the North Korean Lazarus Group laundered another 62,200 Ether (worth $138 million) after the February hack of the Bybit exchange. A total of 499,000 ETH was stolen, worth $1.4 billion, of which 343,000 ETH has already been moved
The FBI and analytics companies like Elliptic and Chainalysis are actively tracking the hackers’ transactions. Decentralized exchanges and cross-chain bridges were used to launder the funds
Despite efforts by U.S. authorities, the hackers continue to move the stolen assets