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.

North Korean hackers have begun laundering $140 million of the $1.46 billion stolen from Bybit through anonymous exchanges

North Korean cybercrime organization, the Lazarus Group, is suspected to be behind both the $1.4 billion Bybit hack and the $29 million Phemex hack, according to the latest onchain evidence. The Feb.