On Sept. 28, on-chain investigator ZachXBT said Asian illicit actors suspected of laundering funds for North Korean attackers were openly seeking assistance with fund transfers through a public Discord server and Telegram channels they use. He said the activity was tied to Bitget’s earlier $387 million exploit. According to ZachXBT, the funds are being moved across blockchains through cross-chain bridges and deposited into mixing services including Wasabi. He also said one participant labeled "Alias 4" had previously been identified in laundering tied to the $292 million Kelp DAO exploit earlier this year. ZachXBT added that he has seen similar patterns after several attacks attributed to the North Korean hacking group TraderTraitor, and said he is continuing to track the network and plans to release more investigative data in the coming weeks.
On Sept. 28, on-chain investigator ZachXBT said Asian illicit actors suspected of laundering funds for North Korean attackers were openly seeking help with fund transfers in a public Discord server and Telegram channels they use. He said the activity was connected to Bitget’s earlier $387 million exploit.
ZachXBT said the funds are currently being moved between blockchains through cross-chain bridges and deposited into mixing services including Wasabi.
He added that one involved participant, labeled "Alias 4," had previously been identified in laundering activity tied to the $292 million Kelp DAO exploit earlier this year.
ZachXBT also said he had observed similar patterns after multiple attacks attributed to the North Korean hacking group TraderTraitor. He said he has continued tracking the group and plans to publish more investigative data in the coming weeks.
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