ZachXBT poses as money launderer to infiltrate Lazarus network
ZachXBT posed as a money laundering client in order to expose a Chinese crime syndicate laundering funds for North Korea's Lazarus Group.
Read more (2 min) →Results for Bybit
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— Bybit, Day trading
Crypto trader shorted the top, still lost 3,963%
Extreme negative funding rates turned the winning short-sale of a crypto meme into a huge loss, despite a correct bet on its decline.
Crypto sleuth links $500M in Iranian USDT to stolen Bybit funds
Crypto sleuth Tanuki42 claims the middle man selling USDT to Iran is also receiving USDT from DPRK wallets laundering Bybit funds.
Binance, OKX, HTX, Bybit, Kraken cited in ICIJ scam probe
The International Consortium of Investigative Journalists found that $408M in funds sent to Binance are tied to Cambodian scam networks.
— Blockchain, Bybit
Bybit freeze exposé highlights decentralization transparency issues
Bybit’s Lazarus Security Lab report says 16 blockchains have fund freezing measures while raising concerns about decentralization claims.
CHART: North Korea stole $2.8B in crypto hacks since 2024, report
A report from the Multilateral Sanctions Monitoring Team claimed that North Korea stole at least $2.8B in crypto hacks since 2024.
— Bybit, North Korea
Vultisig founder says DPRK-linked Bybit transactions are ‘legitimate’
Crypto wallet Vultisig celebrated making $200K in revenue before ZachXBT claimed it was the result of criminals shifting stolen Bybit funds.
FBI confirms North Korean ‘TraderTraitor’ to blame for $1.5 billion Bybit hack
According to the FBI, TraderTraitor has been rapidly converting stolen Bybit assets to bitcoin and other assets via multiple blockchains.
Bybit hack raises fear of criminal prosecution for negligent crypto leaders
Fearing criminal repercussions for failing to prevent money laundering, ostensibly decentralized services are intervening in the Bybit hack.
Crypto exchange Bybit hacked for over $1.4 billion
Bybit was hacked today for over $1.4 billion in ether and staked ether, according to blockchain analysts and the firm's CEO.