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BitMEX launched an investigation in May 2025 after a Lazarus Group-affiliated attacker contacted a BitMEX employee on LinkedIn with a fake NFT project, analyzing suspicious activity that may have revealed some of the group's tracking techniques and exposed significant lapses in its operational security.

BitMEX is a cryptocurrency derivatives exchange

The Lazarus Group is a North Korean state-backed cybercrime organization known for targeting cryptocurrency firms with phishing and post-exploitation techniques.

BitMEX announced that it had successfully identified and blocked a phishing attack attributed to the Lazarus Group.

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