Lazarus Group Shows no Signs of Stopping After Moving Almost Three Quarters of ByBit Stolen Funds

The ByBit crypto heist saga continues to unfold, as perpetrators waste no time laundering funds stolen in the attack.

ByBit devastating attack

News of the ByBit crypto heist made the rounds last week after threat actors exploited a smart contract function to divert a record $1.5 billion to attacker-controlled wallets.

Security experts believed the Lazarus Group orchestrated the attack, and their suspicions were later reinforced when the FBI officially blamed the infamous North Korea-backed c