According to the Bangkok Post, a major Cambodian payment company, Huione Pay, received digital assets worth more than $150,000 from the North Korean hacker group Lazarus.

According to the Bangkok Post, the cryptocurrency was sent to Huione Pay from an anonymous digital wallet that, according to two anonymous sources, could be linked to the Lazarus criminal operations. According to the sources, the crypto wallet was used by hackers to deposit funds stolen from three crypto companies in June and July last year. Presumably, we are talking about the theft of funds from Estonian crypto companies Atomic Wallet and CoinsPaid, as well as Alphapo, registered in the offshore zone of Saint Vincent and the Grenadines.

In response to journalists’ inquiries, Huione Pay declined to provide details of its anti-money laundering compliance policies. The company said it was unaware that it had “indirectly received funds from hackers,” citing the inability to quickly track suspicious transactions in the overall flow of Huione Pay’s crypto wallet and its third-party counterparties. Huione Pay noted that the crypto wallet attributed to North Korean hackers was not administered by the platform’s managers, which technically makes it impossible to track its transactions.

Earlier, research firm Elliptic published a report in which it said that cryptocurrency fraud in Southeast Asia has reached industrial proportions. Moreover, many digital asset frauds are committed by members of transnational organized crime groups that operate from specially created “fraud complexes” located throughout Southeast Asia, especially in Myanmar, Laos, and Cambodia.