Was 13 thousand crores stolen at the behest of Kim Jong!
The US Federal Bureau of Investigation (FBI) has exposed the theft of wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital currency worth $ 1.5 billion (about Rs 13 thousand crores) from cryptocurrency exchange Bybit. The FBI has blamed North Korea's Lazarus Group for this. It is also known as TradeTerror Group. The FBI has also said that the North Korean government is behind this.
Hackers took advantage of security protocols
On february 21, hackers stole 400,000 Ethereum from the Ethereum wallet of Dubai-based cryptocurrency exchange Bybit, which is worth about $ 1.5 billion (Rs 13,000 crores). Hackers carried out this feat by taking advantage of security protocols during transactions.
Ethereum is the second largest cryptocurrency after Bitcoin. This theft on such a large scale caused an earthquake in the crypto market. Fearing that the company might go bankrupt, investors started withdrawing their money in a hurry. While Bybit CEO and founder Ben Ben Zhou said that Bybit is financially stable. Investors' money is safe and everyone will be compensated.
Big feats of Lazarus Group
Lazarus Group is not a new name. This group has also been accused of stealing $625 million crypto currency from Ronin Network in the year 2022. During this time, hackers of Lazarus Group stole Ethereum and USD coins worth 620 million from Ronin Network. Apart from this, Lazarus Group also hacked the network of sony Pictures in 2014 as the hackers wanted to stop the release of the film 'Interview' made on North Korean dictator Kim Jong. Lazarus Group is believed to carry out cyber attacks from china for North Korea.
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