On February 21, here is the summary of the largest complex fraud operation:

📍 The BYBIT platform was hacked and 1.5 billion$ ETH was stolen from where?? (from a cold wallet) which means multi-signature, meaning if one of them refused to sign the transfer transaction, the entire transfer would fail.

📍 The platform acknowledged this, and every official who approved and passed the transfers "admitted that they were deceived by a fake interface resembling the legitimate user interface of Safe Wallet."

📍 There is significant and clear tension among all the spokespersons for the BYBIT platform in the statement that came after the fraud and theft.

📍 Some experts say that the Lazarus Group is responsible for this hack, and it is a dangerous group linked to North Korea that funds the military in this way, as they have carried out famous thefts from banks, cryptocurrency exchanges, and DeFi protocols.

📍 Throughout history, no one has recovered any stolen property committed by this group due to its danger.

📍 Some platforms have requested BYBIT to support them with some funds to recover what was stolen to maintain market stability.

📍 BYBIT announced a reward of 150 million$ for anyone who helps them track and stop those transfers.

The total related to their hacking operations exceeds 3 billion dollars worldwide as shown in the image above.