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FBI confirms Lazarus hackers were behind $1.5B Bybit crypto heist
FBI has confirmed that North Korean hackers stole $1.5 billion from cryptocurrency exchange Bybit on Friday in the largest crypto heist recorded until now. The state-sponsored hacking group (tracked as TraderTraitor, Lazarus Group, and APT38) intercepted a scheduled transfer of funds from one of Bybit’s cold wallets into a hot wallet, subsequently redirecting the cryptocurrency to a blockchain address under…
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$1.5B Hack of Bybit Might Be the Largest Crypto Heist Ever
Following the revelation Friday from cryptocurrency exchange firm Bybit that hackers stole digital tokens worth about $1.5 billion – in what may be the biggest crypto heist of all time – CEO Ben Zhou wrote on X Sunday that it has replenished its reserves. Bybit was able to do this through a mix of emergency loans and large deposits. Zhou…
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