The Greek authorities have carried out the first cryptocurrency seizure of the country, blocking access to high records of the record of $ 1.5 billion bybit hack linked to the Lázaro Group of North Korea.
The Hellenic money lablear authority drew a suspicious transaction to a wallet than the data in the chain linked to the initial theft. That wallet, according to the Minister of Economy and Finance of Greece, Kyriakos Pierrakakis, was linked to a “Greek platform that provides exchange services.”
Analysts, according to a blog post, used the Cademyysis reactor to map the flow of funds to establish “a definitive connection between cryptocurrency in the suspicious user wallet and the primary wallets used in the Bybit trick,” adds the publication.
The evidence allowed the agency to issue a freezing order, blocking the assets before they could disappear. According to Pierkakis, the Operations of the Anti-Money Layundering Authority have allowed around 10 million euros ($ 11.7 million) to be readjusted to the victims. It is not clear if any of these returns is related to the recent seizure.
Hackers in the past have moved funds through mixers such as Wasabi and Tornado cash, cross bridges and peer desks.
Bybit’s LazarusBount panel suggests that around $ 72 million, 5% of the stolen ether have now frozen, while a third is still traceable. According to the board, about $ 870 million stolen from Bybit have now “become dark.”
