Investigation revealed that BingX, & Phemex hacks were also connected to the same cluster as Bybit's, confirming the threat actor’s identity as the Lazarus group.

North Korea is behind the massive crypto hack, according to several blockchain monitoring firms and a well-known researcher

Crypto investigator ZachXBT linked the $1.44 billion hack of crypto exchange Bybit on Friday to the infamous Lazarus Group, which has been allegedly responsible for some of the top attacks on digital asset platforms.