By Maya Lester KC & Michael O’Kane

US lists virtual currency mixer over Lazarus Group heist

On 6 May 2022, OFAC listed virtual currency mixer pursuant to Executive Order (E.O.) 13694, as amended. Notice & Press Release. North Korea is said to have used Blender to launder over $20.5 million of proceeds from the Lazarus Group’s March 2022 virtual currency heist of $620 million from video game Axie Infinity’s Ronin Network. This is the first …

Cyber-AttacksCyber-Attacks United StatesUnited States

About Michael O'Kane

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

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