North Korean hacking group Lazarus targeted Bybit in late February by injecting malicious code into SafeWallet, a third-party wallet platform used by the exchange, to steal billions in customer assets.
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Bybit CEO Says 77% of Stolen Funds From Record $1.4B Hack Still Traceable
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The Bybit hack of February 2025 was linked to the North Korean Lazarus Group, which allegedly used malicious code to steal $1.4 billion in crypto assets
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