Chinese crime network laundered over $1B for Lazarus: ZachXBTZachXBT says he infiltrated the network by posing as a customer, gaining information that helped trace funds from the $1.5 billion Bybit hack.
- Posted on October 6, 2026
- By Cointelegraph
- 1 Views
- 1 min read
Security researcher ZachXBT has uncovered a sophisticated money laundering operation allegedly connected to North Korea's Lazarus Group. By posing as a customer, ZachXBT infiltrated a Chinese criminal network responsible for processing over $1 billion in illicit funds. His investigation revealed crucial connections to the massive Bybit cryptocurrency exchange breach, which resulted in losses exceeding $1.5 billion. This breakthrough demonstrates how blockchain analysis and undercover investigation techniques continue exposing complex cross-border cybercriminal infrastructures.
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Chinese crime network laundered over $1B for Lazarus: ZachXBTZachXBT says he infiltrated the network by posing as a customer, gaining information that helped trace funds from the $1.5 billion Bybit hack.
Chinese crime network laundered over $1B for Lazarus: ZachXBTZachXBT says he infiltrated the network by posing as a customer, gaining information that helped trace funds from the $1.5 billion Bybit hack. continue reading...
