Bybit Hackers Identified โ€“ North Korean Cybercriminals Behind $1.5B Theft! ๐Ÿšจ

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!

๐Ÿ”Ž Key Findings:

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

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

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

๐Ÿ”ฅ 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!

๐Ÿ’ก Pro Tip: Always use hardware wallets, enable 2FA, and avoid interacting with unknown smart contracts to keep your assets safe!

#BinanceAirdropAlert

#Hacked