Bybit Hackers Launder $771 Million

Bybit Hack Becomes Largest Cryptocurrency Theft

• The Lazarus Group laundered an additional 62,200 ETH, valued at $139 million.
• Total laundered funds reached 343,000 ETH, about 68.7% of the stolen amount.
• The Bybit hack resulted in losses totaling $1.46 billion.
• This incident surpassed the Ronin bridge attack of March 2022.
• The FBI released a list of 51 Ethereum addresses linked to the hackers.

Hackers linked to North Korea’s Lazarus Group have moved a significant portion of their stolen assets from the Bybit hack, totaling $1.46 billion in losses and marking it as the largest cryptocurrency theft to date.