
Stealing $1.5B in crypto is easy, cashing out is the trap
ZachXBT used $349,700 to infiltrate a crypto laundering network, tracing over $12 million tied to North Korea’s $1.5 billion Bybit hack.
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ZachXBT used $349,700 to infiltrate a crypto laundering network, tracing over $12 million tied to North Korea’s $1.5 billion Bybit hack.

Tether is freezing funds linked to suspected wallet thefts as Ledger investigates a possible supply-chain attack involving a Southeast Asian reseller.

Bitquery traced 79AU’s drain to token permissions that bypassed burned LP receipts, with residual rights documented on Oct. 8.

Bitquery identified 565,056 ETH that had exited or joined the exit queue. Restaking it all would use 9.8 days of entry capacity at the Oct. 7 throughput.

The five-day burst pushed monthly income to its highest since March 2025 while wallet growth barely moved.

His October 5 disclosure describes 2025 trades and private chats that he says helped trace Bybit funds and secure a 442,000 USDT freeze.

Drift's October 1 launch quote valued DFX near one cent per USDT lost, while redemption ends future pool participation for the tokens burned.

The exploit targeted external infrastructure layered on Aave, reviving concerns about risks beyond core protocol contracts

The restored backstop is separate from customer reserves, and claims remain subject to Bitget's assessment as withdrawals reopen in phases.




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