Hacked cryptocurrency exchange Bybit has declared a “war against Lazarus” and launched a new website tracking the group’s wallet addresses, hoping to crowdsource the investigative efforts. In return for submissions that lead to frozen funds, the exchange is offering 5% of what gets frozen.
The declaration of “war” came from Bybit’s CEO, Ben Zhou, in a social media post in which he noted the firm was launching the first “first bounty site that shows aggregated full transparency on the sanctioned Lazarus money laundering activities.”
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Zhou wrote that users can connect their wallets to the newly launched website to help trace the stolen funds, adding that when a submission leads to funds getting frozen, a “bounty is paid upfront” as soon as assets are frozen.
“We have assigned a team to dedicate to maintain and update this website, we will…