Two Chinese nationals charged with operating unlicensed money transmitting business and money laundering conspiracy. U.S. Treasury said the illicit funds originated from a $250 million haul stolen from two different cryptocurrency exchanges. The Lazarus Group was one of the three hacking outfits sanctioned by the US government last September for conducting a variety of financially-motivated operations ranging from cyber-espionage to data theft. North Korea trains hackers to “target and launder stolen funds from financial institutions,” according to the U.N. report.
Source: https://thehackernews.com/2020/03/cryptocurrency-lazarus-hackers.html