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Bybit Announces Recovery Bounty Program: 10% of Stolen Funds

2025-07-04 02:24:33

Description

The cryptocurrency exchange Bybit, which just suffered a major security incident, is now launching a recovery bounty program. The team wants to give back 10% of the funds that anyone is able to recover, according to a press release shared with CryptoPotato. As reported previously, Bybit suffered a security breach, resulting in the theft of over $1.4 billion in ETH. The attack was carried out by the infamous Lazarus group, an organization allegedly run by the North Korean government. In any case,...

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