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Bybit Hackers On The Move? Stolen Funds Likely Headed To Mixers—Report

  • Stolen funds from Bybit crypto exchange are being moved by hackers to crypto mixers.
  • The Lazarus Group, based in North Korea, is suspected to attempt to launder the stolen funds.
  • North Korea's Lazarus Group typically follows a laundering process involving exchanging stolen tokens for native blockchain assets and layering the stolen funds for obfuscation.
  • Around $140 million of the stolen assets have been moved and are being laundered through various services.

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