North Korea's favorite state-sponsored laundry service just pushed $30 million through Hyperliquid, and the timing is so perfect it's almost funny. This happened weeks after the White House said they're literally paving a regulatory path for that exact exchange to enter US markets. Coincidence? Yeah, sure, and I've got a bridge to sell you. The wallets dumped BTC into Hyperliquid and HyperUnit, flipped it into ETH or SOL, bridged it across three chains, and finally dumped it on KuCoin, Kraken, Lbank, and some random Tron addresses. Classic layering, nothing new, but the context is pure gold.
▪️ Lazarus-linked wallets sent BTC to Hyperliquid and HyperUnit, then swapped into ETH or SOL.
▪️ Bridged the funds out to Tron, Solana, or Ethereum – textbook layering, same old playbook.
▪️ Final stop: KuCoin, Kraken, Lbank, plus a few unlabeled Tron services.
▪️ All this went down after Trump said CFTC chair Michael Selig is working on a regulatory path for Hyperliquid in the US.
▪️ Lazarus is the crew behind the $1.4B Bybit heist (2025) and at least $578M of the $634M stolen in April 2026.
▪️ Arkham's Emmett Gallic flagged the movement on X – nobody else seems to have noticed.
📊 Moved via Hyperliquid:
$30M📊 Bybit Hack (2025):
$1.4B📊 NK-linked thefts (April 2026):
$578MFor retail traders, this is a giant red flag waving right before Hyperliquid's potential US debut. Regulators want to onboard the exchange, but the same pipes are laundering money for a sanctioned state actor. If the approval goes through anyway, the message is clear: money laundering is cool as long as it's on a DEX. If it gets blocked, HYPE bagholders take the hit. Either way, you're not the one winning here.
🔮 If Hyperliquid gets a US license after this, they'll have to rename it to 'HyperLaundry'.
@exverse_chat
