Crypto Trader Exposes Bybit Money Laundering Ring

Key Summary

ZachXBT infiltrated a Chinese organized crime syndicate laundering over $1 billion in stolen funds from Bybit and other exploits, including the $1.5 billion Bybit exploit attributed to the DPRK-linked group TraderTraitor. The investigation revealed a complex network of transactions and accounts used to launder funds across multiple cryptocurrencies.