“North Korea’s Crypto Laundering Tactics – The Role of Yicong Wang and Lazarus Group”
ZachXBT, a blockchain investigator, identified Yicong Wang, a Chinese over-the-counter (OTC) crypto trader, as a central figure in laundering stolen cryptocurrency for North Korea’s Lazarus Group since 2022. Wang’s involvement reveals the increasing reliance of state-sponsored entities like Lazarus on private actors for laundering digital assets. Lazarus, a North Korean state-sponsored cybercriminal organization also known…
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