ZachXBT: An OTC trader has helped Lazarus Group cash out stolen cryptocurrencies since 2022

Chain detective ZachXBT posted on the X platform that a certain OTC trader, Yicong Wang, has helped the hacker group Lazarus Group cash out stolen cryptocurrencies through bank transfers since 2022. A few months ago, a follower contacted ZachXBT after their exchange account was frozen after completing a P2P transaction with Yicong Wang. It is reported that Yicong Wang is an OTC trader who has used pseudonyms such as Seawang, Greatdtrader, and BestRhea977. ZachXBT said that when looking at the blockchain data related to Yicong Wang, it was noted that the illegal funds of Alex Labs, Irys co-founders and other hackers (EasyFi, Bondly, Maverick co-founders, etc.) were highly exposed. It can be seen from the chain that Yicong Wang is still actively helping the Lazarus Group in the past few weeks. ZachXBT said that he hopes he will be held accountable for his actions at some point in the future.