Analyst Traces $1.46M in Suspected North Korea-Linked Funds Through Jupiter

On-chain analyst @FabianoSolana described a route moving about $1.46 million linked to suspected North Korean hackers through Jupiter Lend and Circle’s bridge; Jupiter’s chief operating officer said the transfers remained traceable. The analyst said the funds started in a Solana wallet beginning AffzFD that the FBI had flagged. They moved through intermediary wallets, were split among about 35 temporary addresses, then brought together and deposited in Jupiter Lend. A different new wallet withdrew a similar amount minutes later. The funds were converted to USDC, moved off Solana through Circle’s cross-chain bridge, routed through Noble and dYdX, and sent to a new Solana address. About $1.4634 million left in 16 transactions, while a similar amount returned in 19; the amounts differed by about $10.

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