Cybercrime

20% of Stolen Bybit Funds ‘Gone Dark,’ Says CEO—Here’s How

20% of Stolen Bybit Funds ‘Gone Dark,’ Says CEO—Here’s How

Bybit’s CEO, Ben Zhou, has provided updates on the recovery of funds stolen during a major hack on the exchange. The incident, which occurred on February 21, involved approximately $1.4 billion worth of cryptocurrency, making it one of the largest hack on a centralized exchange in the crypto market. The attack, attributed to the Lazarus […]

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20% of Stolen Bybit Funds ‘Gone Dark,’ Says CEO—Here’s How

FBI Points to North Korean Hackers in $1.5 Billion Crypto Breach at Bybit

The Federal Bureau of Investigation has implicated North Korean-backed hacking groups in a major cryptocurrency heist involving $1.5 billion in digital assets. The cyberattack targeted Bybit, a Dubai-based cryptocurrency exchange, making it one of the largest crypto thefts publicly known. This incident has drawn attention to North Korea’s ongoing role in cyber-enabled financial crimes. FBI

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