Morning Edition · Tuesday, October 6, 2026Published at 1:32 AM EDT · New York

ZachXBT says he fronted $349,700 to infiltrate a Chinese laundering network that moved more than $1 billion for North Korea's Lazarus Group

The on-chain investigator says the operation identified a cluster holding more than $12 million in funds linked to the Bybit theft. He says it also helped secure a freeze of $442,000 in Tether. He kept the operation unpublished for 18 months.

ZachXBT, the independent blockchain investigator, published an account on October 5 of an undercover operation inside a Chinese organized-crime network. He alleges the network laundered more than $1 billion stolen in attacks attributed to N…