- The North Korea-linked hacking group Lazarus Group sold more than $30 million of Bitcoin on Hyperliquid over the past three weeks.
- After selling the Bitcoin, Lazarus used the proceeds to buy Ether (ETH) and Solana (SOL), then moved the assets to centralized exchanges including Kraken, LBank and KuCoin.
- The US government believes North Korea-backed hacking groups including Lazarus steal and launder crypto as a source of revenue for Pyongyang, while crypto receipts tied to sanctioned entities surged 694% last year.
North Korea’s Lazarus Sold More Than $30 Million of Bitcoin on Hyperliquid, Raising Money-Laundering Concerns
According to the report, North Korea-linked Lazarus Group sold more than $30 million worth of Bitcoin on Hyperliquid. The activity has raised concerns that the platform may have been used to move or launder illicit funds.
bloomingbit
Publisher
Sep 1, 2026 at 2:19 AM UTC · 2 min de lecture

Key Signal
More than $30M Lazarus Bitcoin sales
Entities
bitcoin
Market Impact
BTC+0.48%$78,568
Last Updated
il y a 5 heures
Forecast Trend Report by Period
Wallets linked to the North Korean hacking group Lazarus sold more than $30 million of Bitcoin on the decentralized derivatives exchange Hyperliquid over the past three weeks.
CoinDesk reported on September 31 that on-chain analysis commissioned from blockchain analytics firm Arkham found wallets tied to Lazarus had moved funds through Hyperliquid. The addresses were first identified in 2024 by crypto investigator ZachXBT.
The analysis showed Lazarus used proceeds from the Bitcoin sales to buy Ether and Solana. Those assets were later moved to centralized exchanges including Kraken, LBank and KuCoin. CoinDesk said it could not verify the actual owners of the accounts that received the funds at those exchanges, or whether the platforms were aware of the source of the assets.
Market Context
Bitcoin
BTC
$78,574
+0.49% (24H)
Market Cap
$1.58T
24H Volume
$22.6B
24H High
$79,253
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