The Dubai-based bibit strengthened its stance against the Lazarus Group with an advance fee for anyone helping to recover a new reward program for protocols and stolen funds.
Bybit CEO Ben Jhou announced that the Cryptocurrency Exchange is giving 5% reward to other platforms, Cryptocurrency Mixer, or individuals who assist the stolen property in the cold last week.
First repetition of lazarusbouteny.com Anyone allows anyone to sign in as a bounty hunter using a cryptocurrency wallet. It also has a live ranking of good and bad actors, in which their response time is publicly recorded.
“You don’t want to end in the list of bad actor. This is a record of helping you to facilitate approved transactions, ”said Jhou.
The greatest financial exploitation in history may be, the price of about $ 1.5 billion was lost over 400,000 Ether (Ath) on last Friday. The attack stems from a kidnapped multi-comprehensive transaction, and the blockchain investigator Zachxbt recognized North Korea’s Lazarus Group as a criminal.
Blockchain analytics firm Andakar said that Lazarus had launched step two of its fluffy process, spread illegal benefits in many wallets and bridging other blockchains such as bitcoin.
Cyber criminal organization also uses non-KYC services such as Exact to Anomynes Transactions. Exciting the allegations that Lazarus was stealing the stolen property through its platform. However, ZachxBT continued the protocol investigating, exposing suspicious practices by service.
While bybit deployed various recovery strategies, the exchange has already covered the loss through debt and strategic partnership. Despite the crowd after the attack, crowd processing time has become normal.
So far, bybit has recovered $ 43 million, with Mantle, Meth Developers and Seal 911, with assistance from the coalition of white-hat security professionals. Tather also helped freeze $ 181,000 in stolen funds in his StableCoin USDT (USDT).
