Blockchain data reviewed by CoinDesk shows wallets tied to North Korea’s Lazarus Group sold more than $30 million in bitcoin on the platform in the last three weeks alone.
Your look at what’s coming in the week starting Aug. 31.
The exploit caused the neobank’s AVICI token to drop 49% from a 24-hour high, hitting a record low before paring some of the losses.
The activity, appearing to spread sanctioned funds to trigger account restrictions, occurred between Aug. 17 and Aug. 24.
In 2023, the regulator tried to narrowly restrict the places investment advisers could park clients’ crypto assets, but the new approach is still shrouded in secrecy.
The trading infrastructure runs on LayerZero’s Zero blockchain, backed by Citadel Securities with DTCC and ICE exploring institutional market applications.
