
Elliptic Reports Lazarus Group Utilizing eXch for Money Laundering of Stolen Funds Despite Bybit’s Request to Halt Transactions
The blockchain research firm Elliptic has reported that the Lazarus Group is laundering stolen cryptocurrency from the recent Bybit hack through the exchange eXch. Hackers made off with approximately $1.5 billion in Ethereum (ETH) and Lido Staked Ether (stETH) from Bybit, marking the largest crypto hack in history and potentially the biggest theft ever. Elliptic,…