Blockchain investigator ZachXBT has published a report on how the APT38 (Bluenoroff) group laundered $200 million worth of crypto from 25+ hacks to fiat between 2020 and 2023.

How Lazarus Group laundered $200M from 25+ crypto hacks to fiat from 2020–2023

Table of contents1). Introduction 2). CoinBerry, Unibright, & CoinMetro hacks 3). Nexus Mutual founder hack 4). EasyFi hack 5). Bondly hack 6). Unreported hacks 7). MGNR and PolyPlay hacks 8). bZx hack 9). Steadefi and CoinShift hacks 10). Paxful and Noones accounts 11). Investigation results 12). Other Incidents 13). AcknowledgmentsIntroductionBluenoroff or APT38, more commonly referred to as Lazarus Group is a threat group which has been tied to the North Korean government since as early as...