To circumvent US sanctions, the Lazarus Crew, an active hacker group linked to North Korea, used Twister Money to complete a $12 million Ethereum transaction. This move follows their previous cyber-attack in November, which targeted HTX and Heco Bridge, resulting in a $100 million loss.
Despite sanctions, Twister Money is still functioning, creating hurdles to international law enforcement owing to its decentralized design. Twister Money’s decentralized structure allows it to skirt penalties and operate freely. This defiance to legal constraints sparks discussions about bitcoin legislation and enforcement.
The current activities of the Lazarus Group continue to provide a challenge to international law enforcement organizations working to combat cryptocurrencycurrency money laundering. Faced with rising regulatory attention, the Lazarus Group exhibits adaptability by switching techniques, such as employing Twister Money following crackdowns on other platforms like as Blender and Sinbad.
