Lazarus Group Behind $540 Million Axie Infinity Crypto Hack and Attacks on Chemical Sector

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The U.S. Treasury Department has implicated the North Korea-backed Lazarus Group (aka Hidden Cobra) in the theft of $540 million from video game Axie Infinity’s Ronin Network last month.
On Thursday, the Treasury tied the Ethereum wallet address that received the stolen funds to the threat actor and sanctioned the funds by adding the address to the Office of Foreign Assets Control’s (OFAC)