| Time | Details |
|---|---|
| 2024-10-23 12:51 |
Yicong Wang's Continued Involvement in Crypto Laundering Despite Platform Bans
According to ZachXBT, Yicong Wang has been banned from platforms like Paxful and Noones under multiple aliases, including Seawang, Greatdtrader, and BestRhea977, due to involvement in laundering funds. Despite these bans, Wang has allegedly shifted his operations offsite and continues to assist the Lazarus Group, as evidenced by on-chain activities. (Source) |
| 2024-10-23 12:51 |
Chinese OTC Trader Linked to Lazarus Group's Crypto Conversions
According to ZachXBT, Yicong Wang, a Chinese over-the-counter (OTC) trader, has been instrumental in assisting the Lazarus Group, a notorious hacking collective, in converting tens of millions of dollars worth of stolen cryptocurrency into cash. This conversion has been conducted primarily through bank transfers since 2022, highlighting significant risks in crypto-to-fiat transactions and the involvement of OTC traders in illicit activities. (Source) |
| 2024-10-23 13:41 |
Identity Verification Issue with Yicong Wang
According to ZachXBT, there is a case of identity confusion where Yicong Wang (@YicongWang7) has copied the profile picture of another user, @FLS_OTC. This highlights the importance of verifying identities in the cryptocurrency community to prevent potential scams or misinformation. (Source) |