$1.5B Bybit Hack is Linked to North Korea, FBI Says, in Potentially the Largest Crypto Heist Ever
The FBI referred to the attack as “TraderTraitor,” a malicious campaign linked to North Korean state-sponsored hackers the Lazarus Group.
North Korea was behind the $1.5B Bybit crypto hack, FBI says
Assets were stolen from Dubai-based cryptocurrency exchange Bybit earlier this month, in what's believed to be the largest-ever digital heist.
FBI accuses North Korean-backed hackers of stealing $1.5 billion in crypto from Dubai-based firm
The FBI has accused North Korean-linked hackers of conducting one of the largest known thefts of cryptocurrency — worth some $1.5 billion — from a Dubai-based firm.
Bybit Wages 'War' on North Korean Hackers After $1.4 Billion Ethereum Theft
Bybit has launched a dashboard for its bounty program, with CEO Ben Zhou declaring "war" on North Korean hackers linked to the theft.
North Korea behind $1.5 billion crypto theft, FBI confirms
North Korean hackers were behind the theft of $1.5 billion of virtual assets last week from Dubai-based cryptocurrency exchange Bybit, the U.S. Federal Bureau of Investigation said, marking the biggest heist in history.
FBI Says North Korea Was Responsible for $1.5 Billion ByBit Hack
The Federal Bureau of Investigation said on Wednesday that North Korea was responsible for the theft of approximately $1.5 billion in virtual assets from cryptocurrency exchange ByBit. The agency said it refers to this specific North Korean malicious cyber activity as "TraderTraitor.
North Korea’s $1.5 billion crypto hack exposes bitcoin’s weakness
Cryptocurrency buyers should be prepared for more and bigger threats after North Korea’s recent robbery of close to $1.5 billion of cryptocurrency from crypto exchange Bybit. That’s just one of the implications of a study appearing in the February 2025 issue of the Quarterly Journal of Economics.
North Korea’s $1.5 Billion Heist Puts the Crypto World on Notice
As news started spreading about a massive hack on crypto exchange Bybit last Friday, cybersecurity researchers quickly concluded that the era of giant digital-asset heists had entered a new and potentially ruinous phase.
FBI Blames North Korea for Massive $1.4 Billion Cryptocurrency Heist
The FBI has officially linked the $1.4 billion cryptocurrency heist at Bybit to North Korean state-sponsored hackers after security researchers reached the same conclusion. The agency alleges that the infamous North Korean hacking group Lazarus is behind the hack.
Pi Network responds to Bybit CEO’s scam allegations
Pi Network has responded to a controversy triggered by a post from Bybit CEO Ben Zhou challenging the project’s legitimacy ...
Hacked crypto exchange Bybit offers $140M bounty to trace stolen funds
Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds.
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Pi Network denies scam allegations by Bybit CEO Ben Zhou
Pi Network has denied fraud accusations made by Ben Zhou, CEO of cryptocurrency exchange platform Bybit, stating that it has no connection to social media accounts targeting him.
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Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queue
Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.
Bybit Restores Assets and Confidence Through Transparent Recovery Process
In alignment with its commitment to transparency, Bybit has conducted an additional proof of reserves audit, supplementing ...
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Bybit Confirms Security Integrity Following Safe{Wallet} Incident – No Compromise in Exchange Infrastructure
Bybit affirmed that its trading infrastructure stayed secure through forensic examination after the Safe{Wallet} incident.
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Bybit CEO Ben Zhou Declares War on Lazarus Group: Unveils $140M Hack Bounty
Bybit launches $140M bounty program to counter Lazarus Group hackers who stole $1.4B, offering rewards for tracing and freezing stolen funds.
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Bybit CEO Hints at New Recovery Tool as Stolen 100,000 ETH Moves Through Mixers
Bybit CEO Ben Zhou hints at launching a new recovery tool to help the industry track and reclaim stolen funds. Hackers behind ...