Blockchain analysts flagged a $5 million crypto wallet drain on April 4, 2025, with early evidence pointing to the Lazarus Group. The attack targeted a lesser-known DeFi platform, exploiting a misconfigured private key. As the group continues to evade ByBit’s $15M bounty efforts, security experts urge platforms to adopt multi-signature wallets, with losses now topping $1.63B in Q1 2025 per recent reports.
