Researchers spot the $1.4 billion stolen from Bybit moving through cryptocurrency wallets that were used in earlier heists attributed to North Korea's Lazarus hacking group.

A NORTH Korean hacking group accused of orchestrating the largest heist in crypto’s history have stolen a whopping £5billon worth of digital money from the West. The shady Lazarus Group are

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.

Following the revelation Friday from cryptocurrency exchange firm Bybit that hackers stole digital tokens worth about $1.5 billion – in what may be the biggest crypto heist of all time – CEO Ben Zhou wrote on X Sunday that it has replenished its reserves. Bybit was able to do this through a mix of emergency loans and large deposits.

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.

Researchers spot the stolen funds moving through cryptocurrency wallets that were used in earlier heists attributed to North Korea's Lazarus hacking group.