CLARITY Act Is Secret to Killing North Korean Lazarus Hacker
リアクション
2026年07月27日
Crypto Regulations
Author
Ahmed Barakat
Author
Ahmed Barakat
Part of the Team Since
Aug 2025
About Author
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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Senator Cynthia Lummis has put national security at the center of her push for the Digital Asset Market Clarity Act, arguing the bill’s three core illicit-finance provisions are the most direct mechanism available to cut off North Korea’s Lazarus Group from crypto markets.
The argument lands as the bill’s Senate floor vote slips toward the August recess, and Polymarket traders price 2026 passage at just 33–37%, down from above 80% in February.
Bitcoin (BTC)$65,204.28+0.96%24h7d30d1yAll time
Discover: The Best Crypto to Diversify Your Portfolio
Clarity ACT: Three Provisions, One Target.
Lummis has pointed to three specific sections of H.R. 3633 to make her case. Section 201 extends the Bank Secrecy Act and AML crypto compliance obligations to crypto firms, exchanges, DeFi front ends, and crypto ATMs, including. Section 303 adds a new Treasury crypto sanctions authority aimed at Iran.
Section 305 creates a safe harbor that allows exchanges to voluntarily freeze funds tied to suspicious activity before obtaining a court order, provided they cooperate with law enforcement.
That last provision is the operational crux of Lummis’s argument. Lazarus moves stolen funds quickly across chains and through mixers, and the current legal framework gives exchanges little incentive to act unilaterally. Section 305 closes that window by removing liability for platforms that freeze fast-moving suspicious transactions.
On July 26, Lummis posted that North Korea’s Lazarus Group and other bad actors thrive on gaps in financial rules, and that the CLARITY Act gives Treasury new sanctions authority alongside a safe harbor for companies to freeze suspicious transactions before the money moves, a paraphrase of her public statement on X.
Discover: The Best Token Presales
Lazarus’s Track Record Makes the Case.
The scale of the problem is not abstract. Lazarus Group stole roughly $625 million from the Ronin Bridge in 2022, the infrastructure underpinning Axie Infinity.
In February 2025, it executed the largest single crypto heist on record, taking $1.5 billion from Bybit. Treasury estimates the group has taken at least $3.4 billion in crypto since 2007, with proceeds routed toward North Korea’s weapons programs.
The Axie Infinity main menu screen features a player’s team of three Axies.
The group has also deployed operatives posing as remote IT workers to directly infiltrate crypto firms, a vector that AML and KYC controls at the corporate level are specifically designed to catch. Lummis frames Section 201’s extension of BSA obligations as a direct response to exactly this kind of insider-access attack surface.
Senator Elizabeth Warren has pushed back hard,...
https://cryptonews.com/news/clarity-act-north-korea-lazarus-group-lummis/
#crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptoworlddaily
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple
Author
Ahmed Barakat
Author
Ahmed Barakat
Part of the Team Since
Aug 2025
About Author
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
Has Also Written
Bitcoin Price Prediction: Grayscale Believes The Bear Market is Over
XRP Price Prediction: Ripple Token Spot Demand Hits Highest Since June
Macro Pressures Fuel 82% Fed Rate Hike Odds as LiquidChain Presale Approaches $920K
Ethereum Price Gaining Ground as Its SMA 30D Funding Rate Climbs Highest in Six Months
Ethereum News: How a $67M ETH Short Reveals Hyperliquid's Institutional Leap
Author Profile
Share
Copied
Last updated:
3 minutes ago
Senator Cynthia Lummis has put national security at the center of her push for the Digital Asset Market Clarity Act, arguing the bill’s three core illicit-finance provisions are the most direct mechanism available to cut off North Korea’s Lazarus Group from crypto markets.
The argument lands as the bill’s Senate floor vote slips toward the August recess, and Polymarket traders price 2026 passage at just 33–37%, down from above 80% in February.
Bitcoin (BTC)$65,204.28+0.96%24h7d30d1yAll time
Discover: The Best Crypto to Diversify Your Portfolio
Clarity ACT: Three Provisions, One Target.
Lummis has pointed to three specific sections of H.R. 3633 to make her case. Section 201 extends the Bank Secrecy Act and AML crypto compliance obligations to crypto firms, exchanges, DeFi front ends, and crypto ATMs, including. Section 303 adds a new Treasury crypto sanctions authority aimed at Iran.
Section 305 creates a safe harbor that allows exchanges to voluntarily freeze funds tied to suspicious activity before obtaining a court order, provided they cooperate with law enforcement.
That last provision is the operational crux of Lummis’s argument. Lazarus moves stolen funds quickly across chains and through mixers, and the current legal framework gives exchanges little incentive to act unilaterally. Section 305 closes that window by removing liability for platforms that freeze fast-moving suspicious transactions.
On July 26, Lummis posted that North Korea’s Lazarus Group and other bad actors thrive on gaps in financial rules, and that the CLARITY Act gives Treasury new sanctions authority alongside a safe harbor for companies to freeze suspicious transactions before the money moves, a paraphrase of her public statement on X.
Discover: The Best Token Presales
Lazarus’s Track Record Makes the Case.
The scale of the problem is not abstract. Lazarus Group stole roughly $625 million from the Ronin Bridge in 2022, the infrastructure underpinning Axie Infinity.
In February 2025, it executed the largest single crypto heist on record, taking $1.5 billion from Bybit. Treasury estimates the group has taken at least $3.4 billion in crypto since 2007, with proceeds routed toward North Korea’s weapons programs.
The Axie Infinity main menu screen features a player’s team of three Axies.
The group has also deployed operatives posing as remote IT workers to directly infiltrate crypto firms, a vector that AML and KYC controls at the corporate level are specifically designed to catch. Lummis frames Section 201’s extension of BSA obligations as a direct response to exactly this kind of insider-access attack surface.
Senator Elizabeth Warren has pushed back hard,...
https://cryptonews.com/news/clarity-act-north-korea-lazarus-group-lummis/
#crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptoworlddaily
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple
