Exclusive: Lazarus Group’s Crypto Laundering Scheme Uncovered via Garden Finance – ZachXBT Drops Bombshell

North Korea's infamous Lazarus Group strikes again—this time laundering millions through DeFi platform Garden Finance. Blockchain sleuth ZachXBT connects the dots in a trail of digital breadcrumbs.

How they did it:

The group allegedly exploited Garden Finance's cross-chain bridges to obscure fund origins—classic 'chain-hopping' tactics. No fancy tech, just old-school obfuscation with a crypto twist.

Why it matters:

This isn't petty theft—it's state-sponsored financial warfare. While regulators debate KYC rules, hackers keep cashing out. Another day, another DeFi platform becoming an unwitting money-laundering front. Just don't tell the 'decentralization solves everything' crowd.

Read More

Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the shiba inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.