April 19, 2025

How Chinese OTC trader Yicong Wang helped Lazarus Group convert stolen crypto into cash

1 min read

Yicong Wang, a Chinese OTC trader, has been laundering stolen crypto for the notorious North Korean hacking group known as Lazarus Group since 2022. Known for using pseudonyms like Seawang, Greatdtrader, and BestRhea977, Wang has helped convert tens of millions of dollars in stolen crypto into cash through bank transfers. On-chain investigator ZachXBT exposed Wang’s

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Source: Cryptopolitan

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