Bybit Launches Initiative Against Lazarus Group

Bybit Takes Action Against Alleged Hackers

The cryptocurrency exchange Bybit has made a bold move, declaring opposition against the notorious Lazarus hacking group. To tackle the issue, Bybit has introduced a dedicated website that aims to track the group's wallet addresses by enlisting the public's help in their investigation efforts.

Bounty for Information

As an incentive for assistance, the company is offering a reward of 5% of any funds that are successfully frozen as a result of information submitted by participants. This initiative was announced by CEO Ben Zhou, who expressed the company's commitment to transparency in detailing the group's suspected money laundering activities.

Zhou shared the exchange's strategy on social media, highlighting it as a pioneering move in creating a "bounty site" that provides comprehensive visibility into the operations linked to the sanctioned group.