Hacked CryptoCurrency Exchange Bybit declared a “war against Lazarus” and launched a new Website Monitoring the addresses of the group’s purse, hoping to crowdsource investigation efforts. In exchange for the submissions that led to frozen funds, the exchange offers 5% of what will get frozen.
The “War” declaration came from Bybit CEO Ben Zhou, in a social media post where he noted that the firm was launching the first “first” Bounty site showing the combined -with full transparency in the penalties of penalties Lazarus Money Laundering activity. “
Read more: North Korean Hackers were behind Crypto’s largest ‘Theft of All Time’
Zhou write That users can connect their wallets to the newly launched website to help monitor the stolen funds, adding that when a submission leads to frost funds, a “large amount is paid upward” once The owners are frozen.
“We have assigned a team to provide to maintain and update this website, we will not stop until the lazarus or bad actor in the industry is removed. In the future we will also open it to other Lazarus victims too,” Zhou added.
Currently, 6,338 addresses tied to the Lazarus group are monitored on the website, and around $ 42.3 million are frozen, consistent with more than 3% of stolen ownership.
On Friday, the nearly $ 1.5 billion hack of the Crypto Exchange Bybit was rocking the crypto market and saw most of the prices of digital ownership. It was later reported that the North Korean Lazarus team was behind the attack, which was considered “the largest crypto robbery of all time, through some margin.”
Read more: Bybit lost $ 1.5B in hack but could cover the loss, CEO confirmed
