Lazarus Group Becomes $1B Bitcoin Whale After Converting: Arkham
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The Lazarus Group, a North Korean hacking collective, has become a significant Bitcoin holder after converting stolen funds, amassing over $1 billion in Bitcoin.

March 18, 2025 | 11:30 am
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The Lazarus Group's conversion of stolen funds into Bitcoin has made them a significant holder, potentially impacting Bitcoin's market dynamics.
The conversion of stolen funds by the Lazarus Group into Bitcoin increases their holdings significantly, making them a major player in the Bitcoin market. This could lead to potential market volatility if they decide to liquidate or move large amounts of Bitcoin.
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