Is the Lazarus Group Behind the $1.5 Billion Bybit Crypto Heist?
Could it be the largest theft in history? On Friday last week, Bybit, a Dubai-based cryptocurrency exchange, was hacked and approximately $1.5 billion worth of ETH was stolen. It stands as the largest theft in history. Larger by far than Mount Gox collapse of 2014. Could the Lazarus Group be behind the $1.5 billion Bybit crypto heist?
It was supposed to be such a good day. On Friday, Coinbase announced that the SEC had agreed to drop its enforcement case. Brian Armstrong, Coinbase co-founder and CEO, wasn’t quite as derogatory about the SEC as Ripple’s Brad Garlinghouse a few days before, but he did share with CNBC how the case marks a “huge day” for Coinbase and the crypto industry at large. Little did he know that…
