🚨 North Korean Hackers Steal $1.5 Billion in ETH – Largest Crypto Heist Ever! 🚨

The Lazarus Group, a state-backed North Korean hacking syndicate, has pulled off another massive cyberattack—this time targeting Bybit, a Dubai-based crypto exchange. The hackers successfully stole $1.5 billion in Ethereum (ETH) by exploiting a vulnerability in the exchange's hot wallet system. 🔥💰

How the Hack Happened

🔴 The attackers manipulated transaction validation protocols, rerouting ETH transfers to their own wallets.

🔴 Nearly 417,348 $ETH was stolen and quickly converted into Bitcoin ($BTC ) to evade tracking.

🔴 Funds were dispersed across thousands of wallets using mixing services like Tornado Cash.

Where Did the Money Go?

🕵️‍♂️ Intelligence reports suggest that a large portion of the stolen funds is being funneled into North Korea’s weapons program and other illicit activities.

Bybit's Response

💡 Bybit has confirmed that 77% of the stolen assets are still traceable, with 3% frozen across various exchanges. They are working with international law enforcement to recover the funds.

Global Implications

🌎 This attack underscores the increasing threats from state-sponsored hacking groups targeting crypto platforms. Regulatory bodies worldwide are urging exchanges to strengthen security protocols.

Is your crypto safe? Let’s discuss in the comments! ⬇️

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