Algorand was listed among cryptocurrency incidents in ZachXBT reporting that traced roughly $200 million stolen across 25 hacks from August 2020 to October 2023 to Lazarus Group, also described as Bluenoroff or APT38. The linked analysis described a DPRK-linked laundering pattern using intermediary wallets, Tornado Cash, ChipMixer, Ren Protocol, Paxful, Noones, Bixin, and a China-based OTC trader to move funds from exchange, DeFi, and individual-victim thefts.