The FBI has officially linked the $1.4 billion cryptocurrency heist at Bybit to North Korean state-sponsored hackers after security researchers reached the same conclusion. The agency alleges that the infamous North Korean hacking group Lazarus is behind the hack.

Still, valued at $1.5 billion, the Bybit heist would make up more than half of the total amount of crypto stolen in 2024, according to a report from Chainalysis last year. The Cha

Less than 72 hours later, Zhou said Bybit had restored the exchange’s balance and kept customer withdrawals open, although he did not account for the stolen crypto. The scale of the Bybit theft surpasses the previous record of a $615 million heist of Ethereum and U.