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ZachXBT Says He Risked $350,000 Infiltrating Lazarus-Linked Laundering Ring Tied to $1.5 Billion Bybit Hack

Source
JH Kim

Summary

  • On-chain investigator ZachXBT said he infiltrated a Lazarus-linked money-laundering organization tied to the $1.5 billion Bybit hack.
  • He said he infiltrated the money-laundering organization linked to Lazarus to track its internal activities, and that he put $350,000 at risk in the process.
  • The money-laundering organization is believed to be tied to the $1.5 billion Bybit hack.

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On-chain investigator ZachXBT said he put $350,000 at risk while infiltrating a money-laundering organization linked to Lazarus and the $1.5 billion Bybit hack.

Cointelegraph reported on October 5 that ZachXBT infiltrated the Lazarus-linked laundering ring to track its internal activities.

He said the operation exposed $350,000 in funds to risk.

The laundering organization is believed to be tied to the $1.5 billion Bybit hack.

Photo: Shutterstock
Photo: Shutterstock
#Crypto Hack
#Money Laundering
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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