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Crypto wallets linked to the OFAC-sanctioned Lazarus Group moved $30 million in digital assets through Hyperliquid, a timing that lands with particular weight.
Regulators had said, weeks earlier, that they were working on a path to introduce the exchange into US markets.
The case for Hyperliquid's US market prospects rests on regulatory goodwill, which makes this development difficult to set aside.
Lazarus Group operates under Office of Foreign Assets Control sanctions, meaning US persons and entities face broad prohibitions on transacting with it.
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