Investigators Link .4B Bybit Hack to North Korea’s Lazarus Group

Investigators Link $1.4B Bybit Hack to North Korea’s Lazarus Group

Bybit, the world’s second-largest cryptocurrency exchange, suffered a devastating $1.4 billion Ethereum (ETH) hack from a cold wallet breach on February 21, 2025. In the days following the attack, independent blockchain investigator ZachXBT traced the stolen funds directly to North Korea’s Lazarus Group, a notorious state-backed hacking organization. His findings were confirmed by Arkham Intelligence,…

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