ZachXBT exposes North Korea's crypto laundering network on Telegram and Discord
- —ZachXBT funded an Ethereum address with 349,700 USDC to transact with middleman Jimmy Green
- —A $12 million cluster from the Bybit hack was traced through BTC → ETH → SOL → Tron
- —Tether froze 442,000 USDT tied to that cluster
- —The probe contributed to freezing over $75 million linked to North Korea
Why it matters: The case reveals how North Korean groups launder stolen crypto and raises pressure on exchanges and stablecoin issuers to tighten controls.
Source: Cryptoast
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