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Onchain sleuth ZachXBT claims to have found a network of North Korean developers who have been working on dozens of crypto projects.

Blockchain investigator ZachXBT says he’s uncovered evidence of a sophisticated network of North Korean developers that earn as much as $500,000 a month working for “established” crypto projects.”

In an Aug. 15 post on X, ZachXBT informed his 618,000 followers he believes a “single entity in Asia,” likely operating out of North Korea, is receiving $300,000 to $500,000 per month employing at least 21 workers to over 25 crypto projects.

“Recently a team reached out to me for assistance after $1.3M was stolen from the treasury after malicious code had been pushed,” ZachXBT said. 

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