An investigation into the channel has proven that the hacking of Bybit earlier during the day had been carried out by the infamous North Korean group Lazare. As the previous incidents have shown, it will be almost impossible to recover funds from these pirates.
Arkham Intelligence offered a bonus for solid evidence, which Zachxbt was able to provide. Apparently, Lazarus pirates used the same wallets today as in Phemex Hack last month.
Bybit becomes the largest cryptographic target for Lazarus
Bybit has undergone a security violation of $ 1.5 billion today, Potentially the largest cryptographic hacking of all time. Arkham Intelligence offered a bonus to discover the actors of this violation, and Zachxbt found significant evidence binding The attack on the infamous Lazare group in North Korea.
“At 7:09 pm UTC today, Zachxbt submitted definitive proof that this attack on Bybt was carried out by the Lazare group. His submission included a detailed analysis of test transactions and connected portfolios used before the feat, as well as multiple medico-legal graphics and synchronization analyzes. The submission was shared with the Bybit team, “said Arkham.
Zachxbt, one of the most famous investigators in the Crypto community, has a lot of experience in monitoring the Lazare group. This North Korean pirate collective was responsible for nearly a billion dollars in stolen funds last year.
More specifically, he said that bybit’s hacking portfolios were linked to the violation of Phemex in January.
At the time, this previous violation was not clearly recognizable as Lazarus work, but a more reliable paper track has since been established. Now that a chain of evidence exists, it must be a relief from the community.
Immediately after hacking, some users found supporters of PI Network crime because the CEO of Bybit criticized the project.
Bybit users have at least a certain clarity, but it will be difficult to directly recover the stolen piracy funds. Zachxbt received Arkham tokens worth $ 30,000 for this discovery. Since the attack is apparently supported by the actors of the North Korea nation state, the recovery of stolen funds would be extremely difficult.
However, the victims of hacking of a challenge obtain at least a certain tranquility of mind, which, we hope, will prevent other false accusations from spreading.
The CEO of Exchange says that all users will be reimbursed through existing reservations, but a solid plan has not yet been published. For the moment, the injuries are still very cool.
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