Twister Money Blocks Ethereum Tackle Linked to Axie Infinity Hack because it Complies to Sanctions

Fast take:

  • The Ethereum mixer of Twister Money has blocked a number of Ethereum addresses highlighted and sanctioned by the US Workplace of International Property Management
  • One of many Ethereum addresses belongs to the North Korean hacker group often called Lazarus, accountable for the $625 million Axie Infinity exploit
  • Twister Money is utilizing a Chainalysis sensible contract to dam the Ethereum addresses

The favored Ethereum mixer of Twister Money will begin blocking addresses sanctioned by the US Workplace of International Asset Management (OFAC). The latter is a monetary intelligence and enforcement company of the Treasury Division that’s tasked with imposing financial and commerce sanctions in assist of nationwide safety and overseas coverage aims of the US.

Twister Money Blocks Ethereum Tackle Linked to Axie Infinity Hack

To attain its object of blocking Ethereum addresses, Twister Money might be utilizing a Chainalysis oracle contract to verify whether or not addresses utilizing its decentralized utility are within the sanctioned record. On the time of writing, the sensible contract has blocked 24 addresses from accessing Twister Money.

Amongst the sanctioned addresses is an Ethereum tackle linked to the perpetrators of the $625 million Axie Infinity hack that has to this point been linked to the North Korean hacking group often called Lazarus. The hacker group is led by Reconnaissance Normal Bureau: an intelligence company led by the Democratic Individuals’s Republic of Korea.

Notable assaults by the Lazarus group embody the 2014 Sony Photos cyberattack, the 2017 Wannacry ransomware cryptoworm, and the 2020 hack on KuCoin.

The group at Chainalysis has confirmed that the Lazarus group Ethereum tackle was concerned within the Ronin Community hack by receiving 173,600 Ethereum and 25.5 million USDC from the Ronin Bridge sensible contract.

Nevertheless, questions now linger as as to if world regulation enforcement companies can retrieve the stolen Axie Infinity funds. Neither US regulation enforcement nor Interpol has jurisdictional authority to function in North Korea.

[Feature image courtesy of Tornado.Cash]

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