🚨 Breaking: North Korean hackers behind the $1.4B Bybit hack are linked to over 11,000 crypto wallets used for laundering stolen funds, per Elliptic. 💰🔍
After the exploit, Bybit's CEO Ben Zhou declared “war” on the Lazarus Group, launching initiatives to recover stolen assets, including a new blacklist API and a bounty for tracing funds. 🛡️
Elliptic provided a real-time data feed to help users avoid sanctions and protect against money laundering. Zhou praised their efforts, highlighting the swift identification of wallet addresses linked to the hack.
As investigations continue, Bybit remains committed to platform stability and has kept withdrawals open while repaying loans to maintain operations.