The BYBIT hackers have been discovered.
Park Jin Hyok, a computer engineer from North Korea, has been linked to the hacking of 1.5 billion Bybit. He is identified as part of an infamous Lazarus Group.
Blockchain researcher ZachXBT, along with the cryptocurrency analysis firm Arkham Intelligence, identified the group as responsible for the attack.
Their analysis linked the hack to previous incidents involving the Lazarus Group, including a $70 million exploit on the Phemex exchange in January 2025.