OFAC sanctions three more Ethereum addresses tied to $600 million Ronin attack

The US government is continuing to issue sanctions tied to last month’s headline-generating attack on Axie Infinity’s Ronin sidechain, which resulted in the theft of more than $600 million worth of crypto.

The three ETH addresses flagged by today’s action from the Office of Foreign Asset Control (OFAC) had all previously been flagged as connected to the Ronin bridge attack. One of the addresses listed today was previously flagged by OFAC in an earlier action.

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The March 23 attack resulted in the loss of 173,600 ETH and 25.5 million worth of the stablecoin USDC, as previously reported.

US officials have pointed the blame at the Lazarus Group, a hacking unit tied to the North Korean government. Lazarus has previously been tied to other attacks in the crypto industry. 

Source: https://www.theblockcrypto.com/linked/143132/ofac-sanctions-three-more-ethereum-addresses-tied-to-600-million-ronin-attack?utm_source=rss&utm_medium=rss