Crypto HeadlinesZachXBT Infiltrates Money Laundering Network for Lazarus Group
Analyst ZachXBT infiltrated a Chinese criminal syndicate laundering over $1 billion for the North Korean hacking group Lazarus Group.
Infiltration Operation
The security researcher posed as a client and began conducting transactions with one of the network members. To do this, he used his own $349k, losing 5% on each transaction to build trust.
As a result, the interlocutor began revealing details about the movement of stolen funds in advance. Thus, the analyst discovered a cluster totaling over $12 million, and later Tether froze 442k USDT linked to it.
Investigation Results
The collected data was handed over to law enforcement and private specialists. Since 2022, thanks to ZachXBT's efforts, more than $75 million linked to North Korean operations has been frozen.
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