According to Binance CEO Changpeng Zhao, Binance helped Huobi retrieve 124 Bitcoin (BTC) worth $2.58 million from the Harmony bridge hacker (CZ).
According to CZ’s tweet, the hacker had previously attempted to utilize Binance to conceal the stolen money, but the account had been frozen.
According to Huobi’s advisor Justin Sun, the cooperation between the two exchanges also prevented the hacker’s subsequent attempts to use Huobi.
On-chain detective ZachXBT revealed on Jan. 16 that over the weekend, the Lazarus Group of North Korea moved 41,000 Ethereum (ETH) tokens worth $64 million from the Harmony (ONE) Bridge heist.
According to the chart given by ZachXBT, the money was sent in batches of 100 ETH from Railgun, a privacy platform, to Tornado Cash, an OFAC-approved privacy platform.
According to ZachXBT, the money was eventually combined and put on three unidentified exchangers.
The layer-1 blockchain issued a $1 million prize for the recovery of the cash after a $100 million Harmony bridge hack on June 24, 2022. Later, the Lazarus Group in North Korea was identified as the attacker by blockchain analysis company Elliptic.
The layer-1 blockchain issued a $1 million prize for the recovery of the cash after a $100 million Harmony bridge hack on June 24, 2022. Later, the Lazarus Group in North Korea was identified as the attacker by blockchain analysis company Elliptic.
