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The US Federal Bureau of Investigation (FBI) confirmed that North Korea’s Lazarus Group was behind the $1.5 billion Bybit hack and is urging the crypto trade to dam transactions linked to the stolen funds.
The company is calling on exchanges, node operators, and personal sector gamers to forestall additional laundering, because the hackers have already moved over 135,000 ETH. It flagged 51 Ethereum addresses tied to the assault, the biggest crypto heist ever.
”Actors are continuing quickly and have transformed a number of the stolen belongings to Bitcoin and different digital belongings dispersed throughout 1000’s of addresses on a number of blockchains,” the FBI mentioned.
It added that the stolen funds will “be additional laundered” earlier than ultimately being transformed to fiat foreign money.
About 363,900 ETH has remained unmoved. At ETH’s present worth of $2,351.38 as of seven:07 a.m. EST, the belongings are value greater than $855.6 million.
A lot of the belongings that had been stolen from the centralized alternate on Feb. 21 had been ETH, together with liquid-staked ETH tokens, pseudonymous crypto analyst EmberCN mentioned in an X publish yesterday.
Some Of The Addresses Belonging To The Bybit Hackers Have Been Flagged
Blockchain analytics agency Elliptic has additionally already flagged 11,084 pockets addresses suspected of being linked to the Bybit incident.
Be part of us on struggle in opposition to Lazarus – https://t.co/6DnaH1WTId
Business first bounty web site that reveals aggregated full transparency on the sanctioned Lazarus cash laundering actions. V1 contains:
– Turning into a bounty hunter by connecting your pockets and assist tracing the fund, when…— Ben Zhou (@benbybit) February 25, 2025
In response to the hack, Bybit CEO Ben Zhou rallied members of the Web3 group to affix the “struggle in opposition to Lazarus,” asserting the launch of a Lazarus bounty web site.
“We won’t cease till Lazarus or unhealthy actors within the trade is eradicated,” Zhou mentioned on X in a Feb. 25 publish.
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