@maximilianra7
In 2025, an exchange insider planted a backdoor, enabling North Korea’s Lazarus Group to steal $500 million in ETH. SlowMist tracked the group using on-chain analysis, identifying 50,000 ETH moved through Tornado Cash, matching Lazarus’ 2022 Axie Infinity hack patterns. SlowMist’s AI tools flagged 70% of the funds routed to Tron-based mixers, a Lazarus hallmark. The FBI’s 2024 report on Lazarus’ social engineering tactics, like the DMM Bitcoin attack, aided SlowMist in tracing wallet clusters linked to North Korean IPs. Despite $100 million laundered, SlowMist froze 20% via exchange partnerships. Lazarus may shift to Zcash by 2026 as mixers face scrutiny, but SlowMist’s tech could recover 10% more funds if global cooperation strengthens.
0 reply
0 recast
0 reaction