Chinese crime network laundered over $1B for Lazarus: Security incident

ZachXBT says he infiltrated the network by posing as a customer, gaining information that helped trace funds from the $1.5 billion Bybit hack.

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://cointelegraph.com/news/chinese-crime-network-laundered-over-1b-for-lazarus-zachxbt
• https://crypto.news/how-zachxbt-traced-bybit-hack-funds-to-a-lazarus-linked-network/

Record history

First seen: 2026-10-06T01:47:24.000Z. Last updated: 2026-10-06T05:01:49.729Z. Revision: 1.