Lazarus Group holds $1B+ in Bitcoin from the Bybit hack. Discover how this could impact the crypto market, security landscape, and potential sanctions.
Lazarus Group’s 1B+ Bitcoin Holdings Exposed
According to Da Investopedia on CoinMarketCap (source), the group now controls over $1.16 billion in Bitcoin ($BTC). The majority of these funds are tied to the Bybit hack, raising concerns over cybersecurity threats and sanctions evasion.
Will This Crash Or Pump Bitcoin?
With such a massive BTC stash, the crypto market could experience high volatility. Regulator bodies may crack down on restrictions on crypto activities, potentially shaking Bitcoin’s price and investors confidence.
What’s Next for Bitcoin and Crypto Investors?
As investors and the government monitor this situation, will this push Bitcoin’s price higher? Stay tuned as the story unfolds.
Source: Da Investopedia via CoinMarketCap
