Bybit Security Breach – $1.4B Stolen Asset Analysis (Ongoing Investigation 2)
2025-02-25 • Chainbounty •
https://community.chainbounty.io/posts/01953b47-1a85-74c0-bc65-a28bceaa20fd
Chainbounty's second Bybit investigation expands from the shared Bybit-Phemex wallet cluster to fund aggregation and distribution patterns across BNB Chain and Ethereum. The report centers on 0x672ee9a8db4ce9787752f7ca34b85a1d30f69572, which collects small BNB inputs and sends funds to target addresses, then tracks related Ethereum wallets that received 0.03 ETH, ARB, Polygon, stablecoins, and larger ETH transfers. Several flows converge on or pass within a few hops of 0x33d057af74779925c4b2e720a820387cb89f8f65, the overlapping address linked in the first investigation. The source highlights Debridge and OKX cross-chain DEX usage, including a 1,141 ETH split across eight addresses, as laundering behavior commonly seen in Lazarus-linked and other crypto theft operations.
Indicators of Compromise
| Type | Value | First Seen | Last Seen |
|---|---|---|---|
| URL | https://app.debridge.finance/or… | 2025-02-25 | 2025-02-25 |
| URL | https://app.debridge.finance/or… | 2025-02-25 | 2025-02-25 |
| DOMAIN | app.debridge.finance | 2025-02-25 | 2025-02-25 |