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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Bybit suffered a $1.4 billion security breach in February 2025, which resulted in the theft of $1.4 billion in crypto
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