ZachXBT Infiltrates Laundering Ring Linked to Bybit Hack
Blockchain researcher ZachXBT spent $349,700 of his own capital to infiltrate a laundering ring linked to the Lazarus Group and the Bybit hack.

Blockchain researcher ZachXBT spent $349,700 of his own capital to infiltrate a laundering ring linked to the Lazarus Group and the Bybit hack.

Investigator ZachXBT infiltrated a Chinese syndicate linked to the Lazarus Group by fronting $349,700 to track funds stolen in the $1.5 billion Bybit exploit.

Bitget is working to recover $387.5 million stolen in a September 2026 breach, with investigators linking the attack to North Korea-affiliated actors and a broader laundering network.

Bitget CEO Gracy Chen disclosed a personal loss of $80,000 following a social engineering attack, while the exchange faces a separate $387.5 million security breach.

Aave's total deposits remain $8 billion below pre-exploit levels five months after the Kelp DAO incident.

Attackers stole approximately $292 million in rsETH from KelpDAO's cross-chain bridge, triggering over $10 billion in DeFi withdrawals.
