BEAMSTART Logo

Who Is Yicong Wang? Chinese OTC Trader Laundered $17M for Lazarus Group

CoinGape LogoCoinGape1w ago

Who Is Yicong Wang? Chinese OTC Trader Laundered $17M for Lazarus Group - CoinGape

Quick Summary:

An over-the-counter trader in China, Yicong Wang has allegedly laundered tens of millions in stolen cryptocurrency for the notorious Lazarus Group hacking organization behind several major crypto thefts.

On-chain analyst ZachXBT revealed that Wang laundered the stolen assets for the Lazarus Group via bank transfers since 2022.

The identity of the trader came to light The post Who Is Yicong Wang?


More Pictures

Who Is Yicong Wang? Chinese OTC Trader Laundered $17M for Lazarus Group - CoinGape (Picture 1)

or

Article Details

Author / Journalist: Teuta

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-23 @ 17:27:04 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 603 words

Reading Time: 4 minutes read

Sentences: 46 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23217066

View Article Analysis

About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 34 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Who Is Yicong Wang? Chinese OTC Trader Laundered $17M for Lazarus Group" has 603 words across 46 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "Who Is Yicong Wang? Chinese OTC Trader Laundered $17M for Lazarus Group" was covered 1 weeks ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 34 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23217066
  • URL: https://beamstart.com/news/who-is-yicong-wang-chinese-17297057719967

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.