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Lazarus Moves $30M Through Hyperliquid as US Talks Advance

Summary by crypto.news
Wallets linked to North Korea’s Lazarus Group have sold more than $30 million in Bitcoin through Hyperliquid over three weeks as U.S. officials and Payward explore regulated access to the platform. Lazarus-linked wallets convert Bitcoin into ETH and SOL Arkham…
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Bankers linked to the North Korean hacker group Lazarus would have sold more than $30 million in Bitcoin via Hyperliquid over the past three weeks, later converting part of the funds to ETH and SOL and sending them to centralized exchanges. The activity repositions sanctions controls at the center of the debate just as the United States explores ways to integrate the decentralized derivatives platform into its regulated financial system.

According to ChainCatcher, data from Arkham Blockchain shows that wallets associated with the North Korean state-backed hacking group Lazarus Group sold over $30 million worth of Bitcoin on the decentralized perpetual contract trading platform Hyperliquid in the past three weeks. The proceeds were used to purchase Ethereum and Solana, and subsequently transferred to centralized exchanges such as Kraken, LBank, and KuCoin. Kraken responded that i…

North Korean hackers move millions on the Hyperliquid platform amidst regulatory pressureNorth Korean hackers move tens of millions on Hyperliquid; Trump presses onshore

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Crypto Briefing broke the news on Monday, August 31, 2026.
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