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Bybit Launches $140M Bounty to Recover Stolen Funds After $1.4B Hack

  • Bybit has launched a $140 million bounty program to recover stolen funds after a $1.4 billion hack.
  • The Recovery Bounty Program offers 10% of recovered assets as a reward to security experts.
  • Blockchain security firms and top-tier institutional clients helped Bybit secure funds and stabilize the market.
  • The hack is linked to the North Korean-affiliated Lazarus Group, and the stolen funds are being laundered across multiple platforms.

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