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Crypto analysts stunned by Lazarus Group’s capabilities in $1.46B Bybit theft

ID: f536aa91-c006-5367-8bf9-fead9b87ed1e

STIX ID: report--f536aa91-c006-5367-8bf9-fead9b87ed1e

Feed Name: CyberScoop

Threat Score
90/100

Date Published: 2025-02-25

Date Updated: 2026-04-21

Author: Matt Kapko

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Last week’s $1.46 billion Ethereum theft from Bybit is attributed to the North Korea-linked Lazarus Group; analysts highlight the unprecedented speed and scale of post-hack laundering, partial freezing of stolen funds, and the need for stronger cross-border AML, blockchain monitoring, and hardened crypto security practices.

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