ZachXBT Links $1B+ Crypto Laundering Network to Lazarus: Security incident
This Monday, ZachXBT revealed having infiltrated a criminal syndicate that laundered over $1 billion in crypto assets for North Korea’s Lazarus Group. The uncovered intelligence was integrated directly into the ongoing investigation regarding the Bybit exchange hack, enabling authorities to intervene and successfully freeze a substantial portion of the stolen funds. 1/ How I infiltrated ... Read more
StatusConfirmed
Reported loss$1.0B
ChainNot specified
Confidence80%
Evidence boundary
Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.
Sources
- https://crypto-economy.com/zachxbt-links-1b-crypto-laundering-network-to-lazarus-group-in-bybit-investigation/
- https://cryptoslate.com/zachxbt-infiltrates-1b-crypto-syndicate-to-expose-lazarus-group/
Record history
First seen: 2026-10-05T14:12:25.000Z. Last updated: 2026-10-05T21:01:27.429Z. Revision: 1.