The post ZachXBT Exposes eXch Team’s $96K ETH Mishap Linked to Lazarus Group’s $35 Million Heist appeared on BitcoinEthereumNews.com.

On February 23, COINOTAG News reported that blockchain investigator ZachXBT has disclosed significant findings regarding the eXch centralized mixer. This platform has been implicated in assisting the notorious Lazarus Group in laundering an estimated $35 million in illicit funds. In a surprising turn of events, the eXch team inadvertently transferred 34 ETH, equating to approximately $96,000, to a different centralized exchange (CEX) hot wallet. This incident raises critical questions about operational security within cryptocurrency services and the risks associated with centralized mixers. As the cryptocurrency landscape continues to evolve, the implications of such errors highlight the necessity for enhanced oversight and compliance within the sector. Investors and stakeholders must remain vigilant about the integrity of platforms they engage with to safeguard their assets. Source: https://en.coinotag.com/breakingnews/zachxbt-exposes-exch-teams-96k-eth-mishap-linked-to-lazarus-groups-35-million-heist/

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Filed under: News - @ February 23, 2025 4:12 am