Lazarus-linked wallets move $30M in crypto through Hyperliquid

ALERT: Wallets linked to North Korea's Lazarus Group moved roughly $30 million in crypto through Hyperliquid, according to Arkham data.
The funds were reportedly converted from $BTC into $ETH or $SOL, bridged across multiple networks and eventually deposited into KuCoin, Kraken, LBank and unidentified Tron-based services.
The transaction path shows the use of multiple assets, bridges and exchanges to move funds across ecosystems.
Lazarus has also been linked by investigators to the record $1.4 billion exchange hack in 2025, making the latest activity particularly notable from an on-chain security perspective.