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BitMEX Uncovers Holes in Lazarus Group's Operational Security

  • BitMEX identified and halted a phishing campaign orchestrated by the Lazarus Group that targeted its users through a fraudulent Web3 collaboration link.
  • The attack exploited repeated infrastructure and sloppy operational security that BitMEX traced and analyzed through internal investigation.
  • BitMEX’s security team reverse-engineered the malware, identified multiple attacker accounts, and noted the attackers’ uneven skill levels across subgroups.
  • An employee was targeted on LinkedIn by a fake recruiter promoting an NFT project, but the malicious code was detected before harm occurred.
  • This incident highlights ongoing cyber threats from state-backed groups and pushes crypto platforms to improve mutual vigilance and tighten security.
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Coinfomania broke the news in on Friday, May 30, 2025.
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