Blockchain analytics platform Elliptic has found that criminals and the infamous North Korean hacker group Lazarus have laundered nearly $7 billion worth of illicit cryptocurrencies through decentralized exchanges (DEXs), cross-chain bridges and coin swap services, according to its latest on-chain analysis. Has detected. 😲🔍
Elliptic analysts had predicted that the amount laundered through DEXs, bridges and coin swaps would increase to $6.5 billion by the end of 2023 and to $10.5 billion in 2025. However, the current figure exceeds Elliptic's estimate, reaching $7 billion. 📈💰
Malicious actors have become increasingly focused on the theft of tokens through hacks, exploits, and scams as the amount of crypto assets laundered through DEXs, cross-chain bridges, and coin swaps increases. It was reported that approximately $332 million was lost to hackers and scammers in September.
Elliptic analysts had predicted that the amount laundered through DEXs, bridges and coin swaps would increase to $6.5 billion by the end of 2023 and to $10.5 billion in 2025. However, the current figure exceeds Elliptic's estimate, reaching $7 billion. 📈💰
Malicious actors have become increasingly focused on the theft of tokens through hacks, exploits, and scams as the amount of crypto assets laundered through DEXs, cross-chain bridges, and coin swaps increases. It was reported that approximately $332 million was lost to hackers and scammers in September.