🚨 Massive Bybit Hack: $1.5 Billion in Ethereum Stolen 🚨

On February 21, 2025 a record-breaking crypto heist, hackers have stole approximately $1.5 billion in Ethereum from Bybit, a leading cryptocurrency exchange. The breach occurred during a routine transfer from a cold wallet to a warm wallet, allowing attackers to seize control and divert 401,000 ETH to an unknown address.

Bybit's CEO, Ben Zhou, has reassured users that the platform remains solvent, with all client assets fully backed. The company is collaborating with blockchain forensic experts to trace the stolen funds and has initiated a recovery bounty program, offering up to 10% of the recovered amount to those who assist.

The notorious North Korean hacking group, Lazarus, is suspected to be behind this unprecedented theft.

Stay vigilant and ensure your crypto assets are stored securely. 🔒