The Lazaro Group, a hacking group closely related to North Korea, holds more bitcoin (BTC) than Tesla (TSLA), the electric car manufacturer led by Elon Musk, according to data from Arkham Intelligence.
At the time of the press, Lazarus held 13,441 BTC worth $ 1.14 billion, according to the data resource Arkham Intelligence. That is 16% more than Tesla’s bitcoin stash of 11,509 btc.
Last month, the Lazarus Group hit the Crypto Exchange Bybit, which dragged $ 1.4 billion in ether (ETH) from the platform. Recently, some of the stolen funds have been converted to Bitcoin, with 12,836 BTC distributed in full 9,117 unique purses, such as Bybit CEO Ben Zhou confirmed.
Tesla has acquired her Bitcoin Stash four years ago and has been hodling ever since, making it the fourth largest largest public listed in the world in terms of BTC handling.
The remarkable contrast between the Tesla and Lazarus Group has emerged even though President Donald Trump’s positive stance on cryptocurrency has led to calls for accelerated BTC adoption to corporations and sovereign countries around the world.
On Thursday, Trump confirmed His commitment to making the US is “unobtrusive bitcoin superpower and the world’s crypto capital.” Against this backdrop, it would be interesting to see if Tesla and other US corporations respond to being overshadowed by a North Korea hacker.
Meanwhile, the US government holds 198,109 BTC worth more than $ 16 billion, representing the coins seized from the implementation actions. Trump recently announced the same as the Strategic Reserve.
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