Lazarus Group Sells $30M in Bitcoin on Hyperliquid as U.S. Regulatory Talks Progress

TLDR

• Wallets linked to North Korea’s Lazarus Group sold over $30 million in Bitcoin on Hyperliquid in three weeks
• Proceeds were converted to Ethereum and Solana, then sent to Kraken, LBank, and KuCoin
• Kraken’s parent company Payward is in advanced talks with Hyperliquid Labs to offer perpetual futures to U.S. traders
• President Trump said the CFTC is working to bring Hyperliquid into the U.S. “in a fully compliant and legal fashion”
• Hyperliquid has processed over $5.19 trillion in cumulative perpetual trading volume

Wallets tied to North Korea’s Lazarus Group sold more than $30 million in Bitcoin on Hyperliquid over three weeks, while Kraken’s parent company explores a deal to bring the platform to U.S. traders.

Lazarus-Linked Wallets Move Over $30M Through Hyperliquid as U.S. Explores Regulated Entry

Arkham researcher Emmett Gallic said addresses linked to the OFAC-sanctioned North Korean hacking group Lazarus Group have recently moved more than $30 million through Hyperliquid, with… pic.twitter.com/qZsHNZ7uQx

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