hack Archives - BitBetter

European Regulators Investigate OKX’s Alleged Involvement in Bybit Hack

Clarus VoxMarch 12, 202503 mins

In the aftermath of the unprecedented $1.5 billion hack of cryptocurrency exchange Bybit on 21 February 2025, European regulators are now scrutinising the potential involvement of OKX, another prominent crypto exchange, in facilitating the laundering of the stolen assets. The Bybit hack, attributed to North Korea’s Lazarus Group, exploited a vulnerability in Bybit’s security infrastructure,…

Lazarus Group Launders $1.39 Billion Stolen from Bybit; Exchange Launches LazarusBounty.com

Clarus VoxMarch 4, 2025March 4, 202503 mins

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…