Hacked cryptocurrency exchange Bybit has declared a “war against Lazarus” and launched a new website tracking the group’s wallet addresses, hoping to crowdsource the investigative efforts. In return for submissions that lead to frozen funds, the exchange is offering 5% of what gets frozen.

Up to $140M in bounty rewards for return of Ethereum allegedly pilfered by hermit nation Cryptocurrency exchange Bybit, just days after suspected North Korean operatives stole $1.5 billion in Ethereum from it,

The crypto industry is reeling from the largest exchange hack in history, as Bybit, the world's second-largest crypto exchange by trading volume, su

Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds.

North Korea's Lazarus Group is credited with hacking the Bybit crypto exchange on February 21, 2025, and stealing a massive $1.4 billion. According to blockchain security firm Elliptic, the stolen funds are likely being laundered through various methods to obscure the transaction trail.