Park Jin Hyuk, a graduate of Kim Chaek University, is currently a wanted criminal by the FBI and has been engaged in cyber attacks for a long time. He was involved in the 2014 Black Sony incident, the 2016 Bangladesh Bank robbery, and the 2017 WannaCry virus attack that ravaged the world. Park Jin Hyuk belongs to the General Bureau of Reconnaissance of North Korea and is one of the core members of the Lazarus Group. Since 2010, the Lazarus Group has focused on cryptocurrency exchanges, using forged trading interfaces, tampering with smart contracts and other means to carry out cyber attacks.

In 2025, the Lazarus Group launched another attack, successfully breaking into Bybit's cold wallet and stealing a large amount of assets. Bybit immediately responded, and the founder publicly stated that hackers had tampered with the logic of the ETH cold wallet by forging signatures, exposing a vulnerability worth about 1 billion US dollars. The company adopted an extremely transparent crisis public relations strategy, not only disclosing all the details, but also promising to redeem user assets 1:1, and showing users progress and reserve addresses through live broadcasts. At the same time, Bybit joined other exchanges to track down the stolen money and try its best to restore user trust.

The crisis public relations response to this incident is regarded as a model in the industry. Especially after the FTX incident, Bybit won the trust of users through swift and transparent actions. Founder @benbybit constantly updated the progress in the live broadcast, showing all the information, and processed 99.994% of the 350,000 withdrawal requests. This series of reactions not only alleviated the panic in the market, but also once again revealed the security risks in the field of cryptocurrency: cold wallets are not absolutely safe, multi-signature mechanisms may be attacked by social engineering, and North Korean hackers have become a major threat to the crypto industry.

This incident also exposed the ability of exchanges to withstand pressure, and the withdrawal tide is the most severe test. If your assets are in Bybit, will you choose to withdraw immediately or continue to hold on?

Finally, I recommend a coin with great potential recently, Trump's Dogecoin Co n an, which is about to destroy 20% of the circulating supply, which means that the price will directly rise to the next level. Coin friends, hurry up and ambush, it is about to take off, Sol chain! $SOL $BNB #bybit被盗 #钱包安全