SecurityCointelegraphabout 3 hours ago
Chinese Network Laundered $1B for Lazarus
2 min read
Blockchain investigator ZachXBT revealed a Chinese crime network laundered over $1 billion stolen from the Bybit hack for North Korea's Lazarus Group. The syndicate operated in Hong Kong and mainland China, freezing $442,000 in Tether funds. North Korean hackers have stolen at least $6.75 billion in digital assets through 2025, according to Chainalysis.
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