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Bybit hack investigation links $1B laundering ring to North Korea’s Lazarus Group

The Cryptonomist·October 5, 2026·1 min read
Bybit hack investigation links $1B laundering ring to North Korea’s Lazarus Group

Blockchain investigator ZachXBT says he infiltrated a Chinese crime syndicate linked to laundering over $1 billion in stolen crypto funds, intelligence that fed into the ongoing Bybit hack investigation. The syndicate moved funds on behalf of North Korea's Lazarus Group, according to ZachXBT.

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