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The biggest crypto heist ever stole $1.46 billion from Bybit earlier today.
After FTX collapsed, Bybit CEO Ben Zhou told Bloomberg, “...we saw the opportunity.” Someone else saw an opportunity also, transferring nearly $1.5 billion in crypto out of a cold wallet. According to crypto researcher ZachXBT, that someone may be the Lazarus Group of hackers linked to North Korea, already blamed for $659 million in crypto thefts last year and the $625 million Axie Infinity breach.
Protos has a rundown of Bybit’s response to the breach, as Zhou claims Bybit is solvent and has secured funding to cover the loss.
Over $1.4 billion taken from Bybit crypto exchange
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