North Korean Hackers Launder $150 Million Through Tornado Cash

North Korean Hackers Launder $150 Million Through Tornado Cash

**HTX Hacked by North Korean Hackers** The cryptocurrency exchange HTX (formerly known as Huobi) was hacked by North Korean hackers who laundered $150 million worth of stolen cryptocurrency through Tornado Cash (TORN), according to a recent report by the United Nations (UN). The report states that the North Korean hacking group Lazarus laundered the cryptocurrency through Tornado Cash and then moved the funds back to North Korea. The UN is currently investigating 97 North Korean-linked cyberattacks that have resulted in the theft of approximately $3.6 billion worth of cryptocurrency since 2017. **Tornado Cash Used for Laundering** Tornado Cash is a cryptocurrency mixer that allows users to anonymously send and receive cryptocurrency. The service has been used by criminals to launder money and evade sanctions. In April 2023, the U.S. Treasury Department sanctioned Tornado Cash for its role in laundering funds for North Korea. **North Korea's Cyberattacks** North Korea has been linked to a number of high-profile cyberattacks in recent years. In 2014, the country was accused of hacking Sony Pictures Entertainment and leaking sensitive information. In 2017, North Korea was linked to the WannaCry ransomware attack that infected computers worldwide. Previously on **[date]** - Cryptocurrency exchange HTX (formerly known as Huobi) was hacked by North Korean hackers who laundered $150 million worth of stolen cryptocurrency through Tornado Cash (TORN), according to a recent report by the United Nations (UN).