North Korean Lazarus Group Identified as Bybit Hackers

In Brief:

On-chain investigator ZachXBT provided conclusive evidence linking Bybit's $1.5B hack to Lazarus Group.

Arkham's report includes forensic analysis of transactions and wallet connections.

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Blockchain intelligence firm Arkham confirmed that North Korea’s Lazarus Group was behind the $1.5 billion exploit on Bybit. The findings, submitted by on-chain detective ZachXBT, provide detailed forensic evidence, including test transactions, wallet connections, and a full attack timeline.

Lazarus Group, known for major exchange and DeFi hacks, has been responsible for multiple high-profile cybercrimes, including the $600M Ronin Bridge hack. Bybit is actively working with investigators to track the stolen funds and strengthen security measures.

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