Chinese OTC trader linked to laundering millions for North Korean hackers

Oluwapelumi Adejumo

Blockchain investigator ZachXBT has uncovered the identity of a Chinese over-the-counter (OTC) trader accused of aiding the North Korea-affiliated Lazarus Group in laundering stolen crypto. The trader, identified as Yicong Wang, has reportedly helped the group convert tens of millions of dollars in crypto from various hacks into cash through bank transfers since 2022, according […]

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Chinese OTC trader linked to laundering millions for North Korean hackers