ZachXBT Fronted $349,700 to Infiltrate a Lazarus Laundering Network
Blockchain investigator ZachXBT said he fronted $349,700 to pose as a client of a Chinese network that laundered crypto for North Korea's Lazarus Group.
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9 stories · 11 Aug 2025 – 7 Oct 2026
Blockchain investigator ZachXBT said he fronted $349,700 to pose as a client of a Chinese network that laundered crypto for North Korea's Lazarus Group.
Blockchain analytics firm Chainalysis has attributed the $387 million Bitget exchange hack to North Korea-linked actors.
Crypto hacks caused about $766 million in losses in September, the worst month of 2026.
The Radix Foundation said a three-year-old flaw in its engine let an attacker drain about $1.3 million on 31 August 2026.
Harmony plans to roll back its blockchain to a checkpoint recorded on 11 August, discarding more than 109,000 confirmed transactions.
INTERPOL arrested 5,811 people and intercepted USD 293 million during Operation First Light 2026, a fraud crackdown spanning 97 countries.
Justice Department filed a record forfeiture for 127,271 BTC and unsealed charges against Prince Group chairman Chen Zhi.
Zhimin Qian, linked to a massive $7 billion crypto fraud, has admitted laundering Bitcoin in a landmark UK case.
Crypto owners worldwide are increasingly targeted in violent crimes, with at least one kidnapping reported every week.