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Hamza Ahmed

TRM Labs links $35 million in crypto from 2022 LastPass breach to Russian laundering network

According to an investigation by TRM Labs, a coordinated group of Russian cybercriminals allegedly laundered more than $35 million in cryptocurrency stolen from LastPass users after the 2022 breach. The funds were moved through instant exchanges, Bitcoin mixers and Russian platforms including Audi6 and the OFAC-sanctioned Cryptex, with investigators using behavioral continuity analysis to trace the flow. The report indicates that wallet activity tied to the mixers showed operational links to Russia before and after the laundering process.
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