Crypto Sleuths joins Hunt for $ 1.5 billion stolen in the largest Heist

A company that has fallen victim of what is believed to be the world’s largest robbery, tries to recover some of its losses by online reward hunters.

Last week, hackers thought of being from the infamous Lazarus group in North Korea stole $ 1.46 billion (1.1 billion pounds) by cryptocurrency From Bybit, a crypto trading platform.

Offenders try to rapidly collect the guard through a complex process of money laundering.

Bybit now provides cash rewards to anyone who observes and prevents them from falling.

“Join war against Lazarus”, CEO of the company, Ben Zhou, posted online with a Link to a new website Giving a reward to anyone can help.

The cryptocurrencies are stored in public wallets that anyone can look for, so it is possible to follow the money as the criminals divide it into smaller pieces and send it through various channels to hide their origins.

The new website has a live leader council that shows companies and individuals who have successfully located some of the coins.

The reward scheme offers 5% of the amount identified to people who successfully convince a company that controls funds for freezing money.

It also grants 5% to companies taking action.

The web site already displays millions of dollars in payments to the successful crypto -critic.

“We have allocated a team to dedicate to the maintenance and update of this website, we will not stop until Lazarus or bad actors in the industry will not be eliminated,” Zhou said.

The investigation company of the Elliptic crypt described it as a “truly positive innovation”.

“There are a lot of very talented blockchain investigators, who will now be motivated to follow these stolen funds and help their confiscation,” said Tom Robinson from Elliptic.

There are no authorities such as central banks or regulatory authorities involved in crypto -critic transactions, which means that anyone is a victim of criminal behavior does not have an obvious body to use help.

This remained bybit based on the goodwill of other crypto -critico companies to act on their behalf.

Not all have.

BYBIT site follows Crypto companies that do not respond to requests for help.

Apparently an exchange called exch is the refusal to cooperate.

According to researchers at Crypto Elliptic investigator, Exch is a notable platform to allow its users to change the cryptoasis anonymously.

In an elliptical blog post, he claims that “hundreds of millions of dollars in cryptoas derived from the criminal activity, including multiple thefts perpetuated by North Korea” were successfully washed through the service.

So far, $ 75 million in the Bybit hack have been followed on the web site, according to analysis.

Exch did not respond to BBC comment requests.

Bybit promises to open the new Bounty website to other victims of prolific hacking groups in North Korea.

The site has a logo of the hair of the North -Corean leader Kim Jong a knife through it.

Crypto investigators around the world have attributed to the group’s hack that has been blamed for about $ 6 billion in recent years.

Researchers say that stolen funds are used by the hermit state to funeral international sanctions and to develop their military powers.

North Korea never acknowledged that it was responsible for the Lazarus group.