ZachXBT says he put up $349,700 and took a 5% loss on every order to pose as a client of a Chinese laundering crew.
He says that crew has moved more than $1B for North Korea's Lazarus Group across several hacks, including the $1.5B Bybit theft in Feb 2025.
The wild part: the launderer told him a day ahead that funds would move to Solana. The next day they did.
His intel exposed a $12M+ cluster of Bybit funds hopping from Bitcoin to Ethereum to Solana to Tron. Tether later froze $442K of it.
These people weren't hiding in some dark corner. They were in public Telegram and Discord groups looking for orders.
Fair to note: the $1B figure and the crew's identity are his findings. The FBI and Treasury haven't confirmed them.
He funds this work with grants and donations. Should the exchanges he helps be paying him?
$BTC $ETH $SOL
#CryptoSecurity #Lazarus #ZachXBT
NFA. DYOR.
He says that crew has moved more than $1B for North Korea's Lazarus Group across several hacks, including the $1.5B Bybit theft in Feb 2025.
The wild part: the launderer told him a day ahead that funds would move to Solana. The next day they did.
His intel exposed a $12M+ cluster of Bybit funds hopping from Bitcoin to Ethereum to Solana to Tron. Tether later froze $442K of it.
These people weren't hiding in some dark corner. They were in public Telegram and Discord groups looking for orders.
Fair to note: the $1B figure and the crew's identity are his findings. The FBI and Treasury haven't confirmed them.
He funds this work with grants and donations. Should the exchanges he helps be paying him?
$BTC $ETH $SOL
#CryptoSecurity #Lazarus #ZachXBT
NFA. DYOR.
