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# Lazarus Bounty
## Overview
[Lazarus Bounty](https://www.lazarusbounty.com/) is a collaborative program launched to counter North Korean state-sponsored hacking group Lazarus (also known as APT38 or HIDDEN COBRA), which has stolen over $3 billion in cryptocurrency assets often used to fund North Korea's weapons programs. The program incentivizes the identification and reporting of Lazarus-associated [[Wallet|wallets]] through substantial financial rewards, with its importance highlighted by a recent incident ByBit's $1.4 billon ETH hack where approximately 1.4 billion ETH was stolen from Bybit in an attack believed to be linked to the group.
## Reward Structure
- The total [[Bounty|bounty]] is 10% of the recovered funds, distributed as follows:
- 5% to the entity that successfully froze the funds
- 5% to contributors who helped trace the funds
- Bounties are awarded immediately once the funds are confirmed as frozen
- Rewards of up to $500,000 are available for high-quality intelligence that leads to the identification of Lazarus-controlled wallets or the recovery of stolen funds
## How to Participate
Participants can submit intelligence through the official website at [lazarusbounty.com](https://www.lazarusbounty.com/en/). All submissions are evaluated by experts, including former law enforcement officials specialized in cryptocurrency investigations.
## References
- [Ben Zhou's Twitter announcement](https://x.com/benbybit/status/1894397098323579333)
- [Official Lazarus Bounty website](https://www.lazarusbounty.com/en/)