Bybit Hackers Identified – North Korean Cybercriminals Behind $1.5B Theft! 🚨

Investigations confirm that Park Jin Hyok, a North Korean computer engineer linked to the Lazarus Group, played a key role in the $1.5 billion Bybit hack. The notorious cybercrime syndicate has been responsible for some of the biggest crypto heists in history!

🔎 Key Findings:

• Blockchain analyst ZachXBT, in collaboration with Arkham Intelligence, traced stolen funds back to Lazarus-linked wallets.

• The same group was previously linked to the $70M Phemex attack in January 2025.

• Lazarus continues to exploit crypto exchanges, DeFi platforms, and bridge protocols, targeting weak security systems.

🔥 What This Means for Crypto?

With North Korean state-sponsored hackers intensifying their attacks, crypto traders and exchanges must prioritize security to prevent future breaches. Regulators are closely watching!

💡 Pro Tip: Always use hardware wallets, enable 2FA, and avoid interacting with unknown smart contracts to keep your assets safe!

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