logo
welcome
CoinGape

CoinGape

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

CoinGape
Summary
Nutrition label

61% Informative

An on-chain analyst has accused a Chinese OTC trader of laundering $17M in stolen crypto for Lazarus Group .

The case highlights the potential for OTC trading to be used for money laundering and other illicit activities.

Lazarus Group is using social engineering scams to target employees at crypto ETF firms.

Just-In: Robinhood Adds XLM To Crypto Transfers , XRP Next - Binance Announces Delisting These 4 Crypto Raising Price Dip Concerns .

Shiba Inu Burn Rate And Rising Shibarium Transactions Could Spark SHIB’s Rise To $ 0.01 .

Pepe Coin Price Prediction: Analysts Foresee $25 Billion Market Cap Breakout .

VR Score

35

Informative language

19

Neutral language

39

Article tone

formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links