Lazarus Group carried out the largest crypto theft in history with the $1.5 billion Bybit hack

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On Friday, North Korea’s state-sponsored elite hacking group Lazarus pulled off the largest-ever attack on a centralized crypto exchange, stealing over $1.5 billion worth of ETH and derivative ETH tokens from Bybit

As of writing, it is unclear how sophisticated today’s hack—the largest in crypto history based on asset prices at the time of incident—really was.

The hack that rocked the crypto market and saw most prices tumbling was called the "largest crypto theft of all time, by some margin," by Elliptic's Tom Robinson, co-founder and chief scientist. "The next largest crypto theft would be the $611 million stolen from Poly Network in 2021. In fact it may even be the largest single theft of all time."

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