ZachXBT tracks laundering of over $106M stolen from EU entity, rules out Lazarus

On-chain sleuth ZachXBT is tracking the laundering trail of an attacker who allegedly stole over $106 million in crypto from an EU entity. He said multiple laundering indicators give him high confidence that North Korea's Lazarus Group is not responsible. A nine-figure theft outside the usual state-sponsored playbook is a reminder that large-scale crypto crime remains a live risk for holders and exchanges.