Hacked Cryptocurrency Exchange Bybit has declared a “war on Lazarus” and launched a new site that tracks the group’s drawing addresses in the hope of creating the investigation effort. In return for submissions leading to frozen funds, Børsen offers 5% of what is frozen.
The statement of “War” came from Bybit’s CEO, Ben Zhou, in a social media post, noting that the company launched the first “first bounty place to show overall full transparency on the sanctioned Lazarus money -whale washing activities.”
Read more: North Korean hackers were behind Crypto’s biggest ‘Theft over time’
Zhou wrote that users can connect their wallets to the newly launched site to help track the stolen funds and add that when a submission leads to funds being frozen, a “bounty is paid in advance” as soon as assets are frozen.
“We have assigned a team to dedicate to maintain and update this site, we will not stop until Lazarus or bad players in the industry are removed. In the future, we will also open it to other victims of Lazarus, ”Zhou added.
Currently, 6,338, which is tied to the Lazarus group, is tracked on the site, and about $ 42.3 million has already been frozen, equivalent to just over 3% of the stolen assets.
On Friday, the nearly $ 1.5 billion shook hack with crypto exchange Bybit Crypto market and so most digital asset prices tumble. It was later reported that North Korea’s Lazarus group was behind the attack, which was considered “the greatest cryptot theft of the time, by some margin.”
Read more: BYBIT Loses $ 1.5B in hack but can cover losses, confirms CEO
