Lazarus Group Launders $1.39 Billion Stolen from Bybit; Exchange Launches LazarusBounty.com
In a significant development within the cryptocurrency sector, North Korea’s Lazarus Group has reportedly laundered approximately $1.39 billion worth of Ethereum (ETH) stolen from the Bybit exchange. The laundering process, involving 499,000 ETH, was completed in just 10 days, highlighting the group’s sophisticated operational capabilities. On-chain analyst EmberCN has been closely monitoring the movement of…