Crypto Chaos: Bybit Battles North Korean Hackers in $1.5 Billion Heist!

The FBI has officially tied the $1.5 billion Bybit hack to North Korean cybercriminals, specifically the TraderTraitor group. CEO Ben Zhou has declared a “war against Lazarus,” aiming to recover the stolen assets. The hack involved malware and fake job interviews, showing that LinkedIn can now be your worst enemy.

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Hot Take:

The FBI has officially pointed the finger at North Korean threat actors for the jaw-dropping $1.5 billion Bybit hack, and now Bybit’s CEO is declaring open season on the notorious Lazarus Group. Looks like the crypto war is heating up faster than a microwave burrito!

Key Points:

  • The FBI attributes the $1.5 billion Bybit hack to North Korean threat actors, specifically the TraderTraitor cluster.
  • TraderTraitor has previously been linked to a $308 million cryptocurrency theft from DMM Bitcoin.
  • Bybit has launched a bounty program to recover stolen funds and criticized eXch for not cooperating in the investigation.
  • The hack involved a supply chain attack through compromised Safe{Wallet} infrastructure.
  • North Korean actors have stolen over $6 billion in crypto assets since 2017.

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