Lazarus-linked wallets move $30M through Hyperliquid

Wallets associated with the OFAC-sanctioned Lazarus Group moved approximately $30 million in digital assets through Hyperliquid, according to Cointelegraph. The transfers occurred several weeks after regulators said they were working toward a route for the crypto exchange to enter US markets. The reported activity places renewed attention on Hyperliquid and its HYPE token as the platform faces scrutiny over transactions involving addresses linked to a sanctioned group. The source did not provide further details on the assets moved, the specific wallets involved, or any regulatory action connected to the transfers. The information concerns reported wallet activity and does not establish that Hyperliquid itself was involved in wrongdoing.