Bybit Hacker Successfully Launders Over $605M In ETH, Comprising More Than Half Of Stolen Funds
The recent Bybit hack has revealed a sophisticated operation by the Lazarus Group to launder a staggering 605 million ETH . The cybercriminals behind
Bybit hacker launders $605M ETH, over 50% of stolen funds
Bybit's hacker laundered over 50% of the funds, mainly through THORChain, which is receiving increased criticism for enabling the flow of illicit funds.
Elliptic Says Lazarus Group Using eXch To Launder Stolen Funds Despite Requests From Bybit To Block Transactions
The Lazarus Group has laundered stolen crypto from last week's record-shattering Bybit hack through the exchange eXch, according to the blockchain research firm Elliptic.
FBI Seeks Crypto Industry Help to Track, Block Laundering of Bybit Hack Funds
The Federal Bureau of Investigation (FBI) asked for crypto industry help in tracking and blocking transactions intended to launder the $1.5
Hacked crypto exchange Bybit offers $140 million bounty to trace stolen funds
Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds. © 2024 TechCrunch. All rights reserved. For personal use only.
The $1.5 billion Bybit hack was pulled off by North Korean agents, FBI and the crypto exchange say
One of the largest publicly-known thefts of cryptocurrency was conducted by North Korean hackers, according to the FBI, who stole $1.5 billion worth of Ethereum from a popular crypto exchange.
The Bybit hacker has already laundered more than 50% of the stolen Ethereum
Within a week, the Bybit hacker has laundered more than 50% of the stolen Ethereum worth up to $614 million. In the last 6 days, the hacker has washed 266,309 $ETH approximately worth $614 million. It makes up 53.
Inside the Lazarus Group money laundering strategy
Lazarus Group, a North Korean hacker ring, has a consistent way of laundering crypto, and it showed in the aftermath of the ...
FBI says North Korean Lazarus hackers were behind $1.5 billion Bybit crypto hack
The FBI has accused the North Korean Lazarus Group of being behind the largest cryptocurrency theft in history.
Unveiling The Lazarus Group's Intricate Money Laundering Tactics
The Lazarus Group Money Laundering Strategy Revealed During Bybit Hack The recent hack on Bybit has brought to light the ...
North Korea was behind the $1.5B Bybit crypto hack, FBI says
Assets were stolen from Dubai-based cryptocurrency exchange Bybit earlier this month, in what's believed to be the ...
Inside Bitcoins1d
FBI Confirms North Korea’s Lazarus Group Behind $1.5B Bybit Hack, Asks Crypto Community For Help
The FBI confirmed that North Korea’s Lazarus Group was behind the $1.5 billion Bybit hack. And now It’s turning to crypto for ...
From Sony to Bybit: How Lazarus Group became crypto’s supervillain
Lazarus Group isn’t an occasional player in the hacking world; it is frequently the prime suspect in major crypto heists. The ...
Is The Bybit Crypto Hack The Future? DePIN Looks To Make Web3 Much Safer
The Bybit crypto hack, the largest in history, shines a spotlight again on central crypto exchange security. DePIN, the ...
Bybit's Mega Ethereum Hack Sparks Hard Fork Divide—A Choice Between Preventing Kim Jong Un's Nuclear Ambitions And Blockchain Immutability?
The $1.4 billion Ethereum (CRYPTO: ETH) theft from cryptocurrency exchange Bybit has not only sent shockwaves through the market but also revived a long-standing contentious debate—implementing a hard ...
CoinDesk1d
Bybit and Safe Custody Are at Odds on Who's to Blame for $1.5B Hack
The apparent stand-off mirrors that of WazirX and Liminal Custody, which blamed each other following a $230 million exploit ...
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Pump.fun X hack reveals security concerns at critical juncture for memecoins
Cryptocurrency exchange Bybit was the victim of a phishing attack in which North Korean hacker group Lazarus was able ...