ZachXBT: Bybit hacker launders money by issuing and trading meme coins on pump.fun

BlockBeats News: On February 23rd, blockchain detective ZachXBT revealed on his personal channel that an entity had laundered money for the Bybit hacking incident by issuing and trading meme coins on pump.fun. On February 22nd, the attacker received $1.08 million in funds from the Bybit hacking incident through the address "0x363908... d7d1", and then transferred USDC across chains to the Solana chain. The address' EFmgz8... dq2P 'crosses all USDCs on the Solana chain to two addresses on the BSC chain. Two BSC addresses are programmed to distribute USDC to over 30 addresses, and finally aggregated into addresses' 0x0be9... 5a3 '. The money launderer exchanges the obtained SOL for meme coins. 15 hours ago, blockchain detective ZachXBT made public over 920 addresses that received Bybit hacker funds and discovered that a money launderer had previously issued meme coins for the North Korean hacker group Lazarus Group through the pump.fun platform. For security reasons, the specific wallet address will not be disclosed at this time, and multiple analysis tools have been requested to remove the relevant interfaces.