How ZachXBT Infiltrated a Crypto Laundering Network Handling Bybit and Other Stolen Funds
๐ ZachXBT infiltrated a Chinese organized crime syndicate linked to the Lazarus Group, uncovering over $1 billion laundered through various exploits, including the Bybit attack.
๐ฐ By posing as a client, he gathered critical information that led to the freezing of funds associated with the February 2025 Bybit exploit, revealing intricate laundering operations involving multiple cryptocurrencies.
๐ฒ The investigation revealed not only financial dealings but also personal conversations, showcasing the launderer's life, while ZachXBT risked significant funds to gather evidence, contributing to the freezing of over $75 million related to DPRK incidents since 2022.
๐ ZachXBT infiltrated a Chinese organized crime syndicate linked to the Lazarus Group, uncovering over $1 billion laundered through various exploits, including the Bybit attack.
๐ฐ By posing as a client, he gathered critical information that led to the freezing of funds associated with the February 2025 Bybit exploit, revealing intricate laundering operations involving multiple cryptocurrencies.
๐ฒ The investigation revealed not only financial dealings but also personal conversations, showcasing the launderer's life, while ZachXBT risked significant funds to gather evidence, contributing to the freezing of over $75 million related to DPRK incidents since 2022.