Bybit and Safe Custody Dispute Over $1.5 Billion Hack
- Bybit’s forensic review found no infiltration of its systems.
- The hack involved compromised credentials of a Safe developer.
- Lazarus hacking group accessed the Safe wallet and deceived Bybit staff.
- Safe stated their smart contracts were unaffected by the attack.
- ZachXBT identified 920 wallets linked to the stolen funds laundering attempt.
Bybit’s investigation revealed that compromised credentials allowed unauthorized access, while Safe maintained their smart contracts remained secure despite the breach.
Source (2.6)https://www.coindesk.com/business/2025/02/26/bybit-and-safe-custody-blame-each-other-over-usd1-5b-hack?rand=52298
