😂 Hackers’ Laundering Fail: $1.5B Bybit Heist Unraveled 🚀

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In the latest twist of a cyber saga, the cunning Lazarus Group, having pillaged Bybit’s coffers, sought to cleanse their ill-gotten gains through the Solana’s PumpFun spectacle. 🎩

As the crypto sleuth Atlas tweetered on the 23rd of February, these digital bandits dispatched a modest 60 SOL to a shadowy wallet and conjured a memecoin named QinShihuang (#500000), a ruse to cloak their escapades. 🐉

Through a whirlwind of trades, more fictitious than fact, they spun a web of over $42 million in synthetic volume, muddying the waters of asset tracking. 🌀

Ingeniously, they blended their sullied lucre with the gold of genuine investors, further obfuscating the origins of their plunder. 🕵️‍♂️

“With a siren call to quick riches,” Atlas narrated, “the felons manufactured a frenzy around their token, ensnaring unsuspecting speculators.” 🎣

After the grand exodus of funds, they split the spoils into myriad wallets, employing cross-chain bridges to flit assets across blockchains, turning the pursuit into a veritable labyrinth. 🏰

But the intrepid blockchain gumshoe Zachxbt cracked the case, threading the financial caper back to the PumpFun escapade. 🕵️‍♀️

This escapade underscores the perils rife within DeFi’s expanse. Atlas forewarned that these miscreants will not rest until they’ve exploited every crevice of open systems. 🌌

“Beware,” he warned, “lest you trade in exploited liquidity or grasp at the straws of fraudulent tokens.” 🚫

Amidst the turmoil, Bybit stands resolute, vowing a 1:1 underpinning for all funds, with withdrawals and trading unfettered. 💰

In a bold counterstrike, Bybit debuts LazarusBounty.com today, a sentinel aimed at the Lazarus Group’s cyber escapades, offering spoils to those who can expose and freeze the pilfered crypto hoard. 🏹

“We’ve mustered a watchful guard,” declared Bybit’s Ben Zhou, “and we’ll persevere until these digital highwaymen are but a memory.” 🛡️

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2025-02-26 12:46