ZachXBT infiltrates Chinese laundering crew tied to Bybit and Bitget thefts

Crypto investigator ZachXBT says he spent months posing as a paying client inside a Chinese money-laundering syndicate that has moved more than $1 billion in stolen funds for North Korea’s Lazarus Group.

The intelligence gathered by ZachXBT helped freeze proceeds from the February 2025 Bybit breach.

Did ZachXBT help recover the $1.5 billion taken during the Bybit breach?

After Bybit lost about $1.5 billion in February 2025, ZachXBT says he found more than 15 accounts in open Telegram and Discord channels offering to help process money tied to the theft.