Lazarus is Cashing Out!
💰 The notorious North Korean Lazarus Group has started laundering the stolen Bybit funds.
🕵️♂️ Crypto sleuth ZachXBT uncovered their tracks and received $50K for his work.
🔄 How they do it:
• Convert ERC-20 tokens into ETH.
• Run ETH through mixers, turning it into BTC.
• Withdraw BTC into cash through Asian exchanges.
⏳ This method takes time – just like funds stolen in 2016, which are still in North Korea!
🔥 The largest crypto hack in history, but when (or if) the money will hit the market is still unknown.
#BybitSecurityBreach #LitecoinETF #BinanceAirdropAlert #BinanceAirdropAlert #BinanceAlphaAlert $BTC $SOL