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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 property to Bitcoin and different digital property 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 finally 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 property are price greater than $855.6 million.
A lot of the property that have been stolen from the centralized alternate on Feb. 21 have 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 a part of us on conflict towards Lazarus – https://t.co/6DnaH1WTId
Business first bounty website that exhibits aggregated full transparency on the sanctioned Lazarus cash laundering actions. V1 contains:
– Changing 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 “conflict towards Lazarus,” saying the launch of a Lazarus bounty website.
“We is not going to cease till Lazarus or dangerous actors within the trade is eradicated,” Zhou mentioned on X in a Feb. 25 publish.
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