Lazarus Group isn’t an occasional player in the hacking world; it is frequently the prime suspect in major crypto heists. The North Korean state-backed group has siphoned billions from exchanges, tricked developers,

The notorious Lazarus Group has made headlines once again, this time for targeting cryptocurrency exchange Bybit and tech giant Sony. The cybercrimin

Bybit’s $1.4 billion Ethereum hack has been reportedly linked to the notorious Lazarus group. As expected, this triggered a withdrawal frenzy as investors exited the crypto exchange en masse. In fact, according to Bybit’s founder and CEO Ben Zhou, the exchange saw record withdrawal requests, but they were all handled smoothly.

On-chain sleuthing linked Friday's $1.4 billion hack of crypto exchange Bybit to North Korea's Lazarus Group, Arkham Intelligence said.

Following the recent theft of $1.4B from Bybit’s reserves, the exchange has launched “Lazarus Bounty.” The bounty tracking platform aims to recruit the global crypto community to aid in the recovery of the stolen funds.

North Korea's Lazarus Group is credited with hacking the Bybit crypto exchange on February 21, 2025, and stealing a massive $1.4 billion. According to blockchain security firm Elliptic, the stolen funds are likely being laundered through various methods to obscure the transaction trail.

Investigation revealed that BingX, & Phemex hacks were also connected to the same cluster as Bybit's, confirming the threat actor’s identity as the Lazarus group.