Bybit declares the war against Lazarus’

The pirated cryptocurrency bybit declared a “war against Lazarus” and launched a new website according to the group’s portfolio addresses, in the hope of growing investigation efforts. In exchange for submissions that lead to frozen funds, the exchange offers 5% of what is frozen.

The declaration of “war” came from the CEO of Bybit, Ben Zhou, in an article on social networks in which he noted that the company launched the first “first premium site which shows total transparency in the laundering activities silver sanctioned from Lazarus ”.

Read more: the North Korean pirates were behind the largest “flight of all crypto times of all time”

Zhou wrote that users can connect their portfolios to the newly launched website to help retrace the stolen funds, adding that when a submission leads to funding, a “premium is paid from the start” as soon as the assets are frozen.

“We have assigned a team to devote and update this website, we will not stop until Lazarus or the bad players in the industry are not eliminated. In the future, we will also open it to the other victims of Lazarus, “added Zhou.

Currently, 6,338 addresses linked to the Lazarus group are followed on the website, and around $ 42.3 million have already been frozen, corresponding to just over 3% of stolen assets.

Friday, the hacking of almost $ 1.5 billion in crypto exchange shaken the cryptography market and saw most of the prices of digital assets tumbling. It was later reported that the Lazarus group in North Korea was behind the attack, which was deemed “the largest cryptographic flight of all time, by a certain margin”.
Find out more: Bybit loses $ 1.5 billion in hack but can cover the loss, confirms the CEO

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