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.
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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) →Crypto sleuth Tanuki42 claims the middle man selling USDT to Iran is also receiving USDT from DPRK wallets laundering Bybit funds.
A report from the Multilateral Sanctions Monitoring Team claimed that North Korea stole at least $2.8B in crypto hacks since 2024.
According to a new report, crypto is earning North Korea billions in foreign currency every year and it's helping Russia acquire weapons.
In just over 18 months, North Korean hackers like Lazarus have used the same "hijacked multisig" technique to steal over $1.75B in crypto.
Crypto sleuth ZachXBT revealed North Korean hackers likely stole $5.2M in crypto by infecting the victim with malware.
— Bybit, North Korea
Crypto wallet Vultisig celebrated making $200K in revenue before ZachXBT claimed it was the result of criminals shifting stolen Bybit funds.
— DeFi, HyperLiquid
While some would like to see Lazarus Group’s ill-gotten gains go down the drain, others see the activity on HyperLiquid as a worrying sign.
According to g8keep co-founder Harrison Leggio, when asked to say “I hate Kim Jong Un, Fuck North Korea,” a potential recruit disappeared.
North Korean hackers reportedly posed as South Korean journalists and government bodies in an attempt to steal crypto.