Another day in crypto with wild allegations. Today, it's that a North Korea-linked address invested in WLFI.
I do a some DPRK crypto research myself, so I decided to take a look at their findings.
They're bad and an innocent user is out $100k because of it🧵
Here's a link to the report so you can follow along.
14 pages of the report are dedicated to Lazarus Group. 5 of them to a user named @shryder1337.
Allegedly, Shryder1337, via his shryder.eth address, "transacted" with Lazarus Group. Specifically with the Ronin Exploiter address.
The report even links to some of the transactions, so let’s take a closer look:
What’s happening here is that someone (with no reason to believe they’re North Korean) created a shitcoin called Dream Cash and set the Lazarus address as the owner.
When you claim the token, it transfers tokens from the owner address to the claimant.
A feature of permissionless blockchains is that anyone can deploy weird contracts that do stuff like this.
Someone also sent claims to @VitalikButerin’s address. Contrary to accountable[.]us’s analysis, this does not mean Dr. Buterin transacted with North Korea.
Shryder seems to find Lazarus Group jokes funny, so he claimed a bunch of times.
To an inexperienced blockchain analyst (whoever accountable[.]us used), this might look like Shryder was “transacting” with Lazarus. But that’s not what happened.
It took like 30 seconds to find shryder's dox using @OSINTindustries.
Not sharing it — it’s not interesting — but I’ve looked at a lot of DPRK personas, and this ain’t one of them.
TL/DR: someone wrote 14 pages about Lazarus based on a funky shitcoin token transfer.
The worst part of this all (other than my Senator disseminating disinfo), is Shryder wasn't just falsely accused of being a DPRK hacker; it appears his big bag WLFI tokens (~$95k) got frozen as a result of this false positive.
Disclosure: I don't hold any Trump fam tokens
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