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Door Remote - 06 Oct 2026
Today in crypto, blockchain investigator ZachXBT offered rare insight into a Chinese organized crime network that allegedly laundered more than $1 billion for North Korea’s Lazarus Group, the CFTC moved ahead with plans for a new crypto regulatory framework and Metaplanet unveiled a net interest income strategy aimed at funding further Bitcoin accumulation.
Chinese crime network laundered over $1B for Lazarus: ZachXBTA Chinese organized crime syndicate laundered more than $1 billion stolen in multiple crypto exploits for North Korea’s Lazarus Group, according to blockchain investigator ZachXBT.
In an Oct. 5 thread on X, pseudonymous blockchain investigator ZachXBT said he posed as a paying client to infiltrate the money laundering network in February 2025, just days after the Bybit hack. He put up $349,700 in stablecoins and took a 5% loss on each order to build trust with one of the network’s operators, known as “Jimmy Green.”
ZachXBT said the operations spanned Hong Kong and mainland China, and information supplied by the launderer helped him identify a cluster of more than $12 million in Bybit-linked funds, with Tether later freezing $442,000 in associated USDt (USDT).
The investigation offers rare insight into the alleged intermediaries handling North Korea’s stolen crypto. Hackers linked to the country have stolen at least $6.75 billion in digital assets through 2025, according to Chainalysis.
CFTC moves ahead on crypto rules after CLARITY stallsThe Commodity Futures Trading Commission (CFTC) is moving ahead with a new crypto regulatory framework after the Senate failed to advance the CLARITY Act, with Chair Michael Selig saying the agency will use its existing authority to act without Congress.
The CFTC issued an advance notice of proposed rulemaking covering platforms that allow retail customers to trade crypto using margin, leverage or financing. Under the proposal, the agency would create a new category of designated contract market called a “crypto asset market,” or CAM, giving qualifying exchanges a path to operate under uniform federal oversight rather than a patchwork of state rules.
The framework would not cover ordinary spot crypto exchanges, which generally remain subject to state money-transmission laws, although the CFTC retains authority over fraud and market manipulation.
The move follows the Securities and Exchange Commission’s (SEC) own proposal for a tailored crypto securities regime and signals that both agencies are prepared to pursue new rules despite the CLARITY Act’s failure in the Senate.
Their efforts are advancing with unusually thin leadership. Hester Peirce’s departure leaves the SEC with two commissioners, while Selig remains the CFTC’s sole commissioner and chair.
Metaplanet reveals net income strategy to fuel Bitcoin accumulationJapanese investment and Bitcoin treasury company Metaplanet introduced a net interest income strategy on Monday, seeking to invest capital in income-generating assets and use the net interest to fuel its Bitcoin accumulation and dividend payments.
The move is part of the company’s revised capital allocation policy under which 10% to 15% of assets can move into strategic investments, including mergers and acquisitions and interest-generating assets.
Bitcoin (BTC) remains the company’s core treasury reserve asset, accounting for 85% to 90% of total assets, Metaplanet revealed in a Monday notice. The decision aims to enhance the Japanese company’s financing capacity and credit quality to grow its BTC holdings per share through additional acquisitions.
The company revealed the fundraising model in the wake of shareholder concerns about Metaplanet’s governance and complex capital structure. On Friday, Metaplanet issued five corrected securities filings clarifying that CEO Simon Gerovich does not hold majority voting rights in MMX Ventures, a shareholder in Metaplanet.
Chinese crime network laundered over $1B for Lazarus: ZachXBTA Chinese organized crime syndicate laundered more than $1 billion stolen in multiple crypto exploits for North Korea’s Lazarus Group, according to blockchain investigator ZachXBT.
In an Oct. 5 thread on X, pseudonymous blockchain investigator ZachXBT said he posed as a paying client to infiltrate the money laundering network in February 2025, just days after the Bybit hack. He put up $349,700 in stablecoins and took a 5% loss on each order to build trust with one of the network’s operators, known as “Jimmy Green.”
ZachXBT said the operations spanned Hong Kong and mainland China, and information supplied by the launderer helped him identify a cluster of more than $12 million in Bybit-linked funds, with Tether later freezing $442,000 in associated USDt (USDT).
The investigation offers rare insight into the alleged intermediaries handling North Korea’s stolen crypto. Hackers linked to the country have stolen at least $6.75 billion in digital assets through 2025, according to Chainalysis.
CFTC moves ahead on crypto rules after CLARITY stallsThe Commodity Futures Trading Commission (CFTC) is moving ahead with a new crypto regulatory framework after the Senate failed to advance the CLARITY Act, with Chair Michael Selig saying the agency will use its existing authority to act without Congress.
The CFTC issued an advance notice of proposed rulemaking covering platforms that allow retail customers to trade crypto using margin, leverage or financing. Under the proposal, the agency would create a new category of designated contract market called a “crypto asset market,” or CAM, giving qualifying exchanges a path to operate under uniform federal oversight rather than a patchwork of state rules.
The framework would not cover ordinary spot crypto exchanges, which generally remain subject to state money-transmission laws, although the CFTC retains authority over fraud and market manipulation.
The move follows the Securities and Exchange Commission’s (SEC) own proposal for a tailored crypto securities regime and signals that both agencies are prepared to pursue new rules despite the CLARITY Act’s failure in the Senate.
Their efforts are advancing with unusually thin leadership. Hester Peirce’s departure leaves the SEC with two commissioners, while Selig remains the CFTC’s sole commissioner and chair.
Metaplanet reveals net income strategy to fuel Bitcoin accumulationJapanese investment and Bitcoin treasury company Metaplanet introduced a net interest income strategy on Monday, seeking to invest capital in income-generating assets and use the net interest to fuel its Bitcoin accumulation and dividend payments.
The move is part of the company’s revised capital allocation policy under which 10% to 15% of assets can move into strategic investments, including mergers and acquisitions and interest-generating assets.
Bitcoin (BTC) remains the company’s core treasury reserve asset, accounting for 85% to 90% of total assets, Metaplanet revealed in a Monday notice. The decision aims to enhance the Japanese company’s financing capacity and credit quality to grow its BTC holdings per share through additional acquisitions.
The company revealed the fundraising model in the wake of shareholder concerns about Metaplanet’s governance and complex capital structure. On Friday, Metaplanet issued five corrected securities filings clarifying that CEO Simon Gerovich does not hold majority voting rights in MMX Ventures, a shareholder in Metaplanet.