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Coinpedia
2025-02-26 10:53:53

Lazarus Group Behind $1.4B Bybit Hack: 11,000 Wallets Used to Launder Stolen Funds

Lazarus Group Behind $1.4B Bybit Hack: 11,000 Wallets Used to Launder Stolen Funds

The post Lazarus Group Behind $1.4B Bybit Hack: 11,000 Wallets Used to Launder Stolen Funds appeared first on Coinpedia Fintech News The $1.4 billion hack of Bybit, one of the largest cryptocurrency exchanges, is believed to be the work of the Lazarus Group, a North Korean hacking collective with a history of large-scale cyberattacks. The hackers were responsible for the $1.4 billion hack of Bybit, who targeted Bybit’s cold wallet signers and intercepted transfers, gaining access …

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