Bybit Launches Community Effort To Fight North Korean Hackers Lazarus Group After $1,400,000,000 Heist

The Bybit CEO is launching a new initiative that calls on the crypto community to retrieve digital assets that have been stolen by a notorious group of North Korean hackers.

Ben Zhou, co-founder of Bybit and CEO, separate On the social media platform X she has launched a Bounty program website to focus the Lazarus group after the cyber criminal outfit stolen $ 1.4 billion in digital assets from their platform last week.

“Participate in war against Lazarus: http://lazarusbounty.com.

Industry first premium location that shows aggregated complete transparency about the sanctioned Lazarus -Witwas practices …

Being a prayer hunter by connecting your wallet and helping them trace the fund, when you lead to the premium submitted to freezing, premium is paid in advance when freezing. All freezer gets 5% of the premium, exchange, mixers and such. ”

Zhou also says they have collected a team that is committed to keeping the website up to date, and can expand to record other victims of the illegal activities of the Lazarus Group.

“We have assigned a team to devote it to maintaining and updating this website, we will not stop until Lazarus or bad actors in the industry is eliminated. In the future we will also open it to other victims of Lazarus. ‘

According to the Crypto analysis company Arkham, the attackers persuaded around $ 1.4 billion in Ethereum (ETH) and Lido Staked Ether (Steth), making the incident the largest known robbery in the crypto history.

Lazarus probably put the ETH wallet of the Exchange directly in danger via SAFE, the crypto wallet that used Bybit, by gaining access to his Amazon Web Services (AWS) bucket, according to the Bybit CEO.

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