<ul><li>The Lazarus Group, a notorious hacking organization with links to North Korea, has had nearly $5 million worth of stablecoins frozen by major issuers following an extensive investigation led by blockchain analyst ZachXBT.</li><li>ZachXBT, with support from Metamask, Binance, TRM Labs, and Five I’s LLC, found that the Lazarus Group has been embezzling more than $200 million worth of cryptocurrency from 25 hacks.</li><li>Stablecoins such as USDT, USDC, TUSD, and BUSD have frozen approximately $5 million in two wallets belonging to the Lazarus Group.</li><li>$1.65 million at exchanges is also frozen, bringing the total to $6.98 million. Circle, the issuer of USDC, has been criticized for being slow in freezing the tokens.</li></ul>

Lazarus Group’s $5 Million in Stablecoins Frozen Following Investigation

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