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Lazarus Group consolidates Bybit funds into Phemex hacker wallet

Summary by Cointelegraph

Onchain evidence following the $1.4 billion Bybit hack has linked North Korea’s Lazarus Group to the Phemex hack in January, according to ZachXBT.

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blockchainreporter

Bybit & Phemex Hacks Linked? Stolen $1.4B & $69M Traced to Same Wallet

A major Ethereum security attack on ByBit shook the industry when it became clear that the same perpetrator had stolen assets from the crypto exchange. The hacker swept $1.4 billion from Bybit as well as $69 million from Phemex through a single Ethereum wallet identified as 0x33d0…8F65. The recent theft of stolen assets has given forensic experts an urgent need to track down funds while underscoring exchange security concerns for the cryptocurr…

21 hours ago

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ethnews.com

Bybit Hackers Identified? Report Links $1.4B Ethereum Theft to Lazarus Group News ETHNews

Blockchain investigator ZachXBT has linked the $1.4 billion Bybit hack to North Korea’s Lazarus Group. Bybit assured users that all funds are backed 1:1 and operations remain unaffected. The massive $1.4 billion Bybit crypto exchange hack has taken a significant turn. Blockchain intelligence firm Arkham Intelligence said independent researcher ZachXBT shared crucial information linking the attack with North Korean hacking collective Lazarus Grou…

23 hours ago

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