Bybit Hack Traced to Safe{Wallet} Supply Chain Attack Exploited by North Korean Hackers

North Korean threat actors were officially implicated by the U.S. Federal Bureau of Investigation (FBI) in the historic $1.5 billion Bybit breach, while Ben Zhou, CEO of the business, announced a “war against Lazarus.”

The CIA blamed the theft of the virtual assets from the bitcoin exchange on the Democratic People’s Republic of Korea (North Korea), linking it to a particular cluster it tracks called TraderTraitor, which is also tracked as Slow Pisces, Jade Sleet, and UNC4899.

Some of the stolen funds have been converted to Bitcoin and other virtual assets spread across thousands of addresses on several blockchains by TraderTraitor actors who are moving quickly read more about Bybit Hack Traced to Safe{Wallet} Supply Chain Attack Exploited by North Korean Hackers.

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