US Treasury Dept sanctions 3 Ethereum addresses allegedly linked to North Korea

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In a Friday update, the Treasury Department’s Office of Foreign Assets Control, or OFAC, listed three Ethereum addresses to its Specially Designated Nationals restrictions for North Korea’s Lazarus Group. U.S. authorities, including the Federal Bureau of Investigation and the Cybersecurity and Infrastructure Security Agency, have targeted the group over its alleged role in taking more than 173,600 Ether (ETH) and 25.5 million USD Coin (USDC) from the Ronin sidechain in March — the tokens were worth more than $600 million at the time.

The U.S. government department hinted in a Friday tweet that the addresses were added to the list in an effort to stop North Korea from evading sanctions imposed by the United States and United Nations. Blockchain records show at least one of the wallet addresses connected to the Ronin hackers sent funds to crypto mixer services including Tornado Cash.

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