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Binance and Huobi Freeze $1.4 Million in Crypto Linked to North Korea

February 17, 2023

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North Korea-Linked Crypto Frozen by Binance and Huobi

Blockchain analytics firm Elliptic said Tuesday that it has collaborated with cryptocurrency exchanges Binance and Huobi “to freeze Lazarus Group hack proceeds.” Elliptic wrote:

Crypto exchanges Binance and Huobi today froze accounts containing approximately $1.4 million in cryptoassets originating from the June 2022 hack of Harmony’s Horizon Bridge.

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