Blockchain researcher ZachXBT infiltrated a Chinese criminal syndicate that laundered more than $1 billion for the Lazarus Group. He posed as a client and began conducting transactions with one of the network’s members, using his own $349,000 and incurring a 5% loss on each transaction to build trust.

Cluster of Over $12M Identified; Tether Freezes 442,000 USDT

After establishing contact, the counterpart began to disclose details of stolen funds transfers in advance. This led to the identification of a cluster holding over $12 million in assets, and later Tether froze 442,000 USDT linked to it.

Data Shared With Authorities; Over $75M Frozen Since 2022

ZachXBT provided the collected information to law enforcement agencies and private experts. Since 2022, with his involvement, more than $75 million connected to DPRK operations has been frozen.