The ByBit hack was planned and carried out by the North Korean hacker group Lazarus Group, which is related to the Phemex hack
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Odaily reported that Arkham posted on the X platform, stating that the Bybit bug bounty has been claimed by on-chain detective ZachXBT. ZachXBT submitted conclusive evidence at 3:09 AM Beijing time on February 22, proving that the North Korean hacker group Lazarus Group orchestrated the attack, along with test transaction analysis, related wallet connections, and forensic charts. The report has been submitted to the Bybit team to assist in the investigation. Additionally, ZachXBT commented in the thread that, based on his and CF's Josh's investigation, the Bybit hack is related to the Phemex hack.
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