ZachXBT Infiltrates Syndicate Laundering Bybit Hack Funds
- ZachXBT
- Security
ZachXBT posed as a client to map a Chinese organized crime syndicate laundering over $1B from multiple Lazarus Group exploits including the February 2025 Bybit heist. The intel contributed to freezes on stolen assets and confirmed North Korea-linked thefts surpassing $1B for 2026. CT followed the thread closely for its rare on-the-ground detail on laundering networks.
Incident Details
- Type
- EXCHANGE HACK
- Funds Lost
- $1B
- Status
- Ongoing
Asset freezes enacted from gathered intel