🇮🇱🇰🇵 ZachXBT has publicly acknowledged investigative cooperation with Cyvers, an Israeli blockchain security company, on multiple cases.
CoinDCX: he credited Cyvers with flagging suspicious withdrawals, then said he independently identified the affected wallet.
SBI Crypto: he credited Cyvers with helping investigate approximately $21 million in suspicious outflows. His post noted similarities to North Korean attacks.
HashFlare: he credited Cyvers with first alerting him to movements of funds linked to the fraud case.
What do we know about Cyvers?
It’s an Israeli blockchain security company.
Its co-founder and CEO, Deddy Lavid, says he worked on Israel’s Iron Dome system in 2015.
He also says co-founder Meir Dolev served as a sergeant reporting to him when Lavid was an infantry company commander in the military reserves.
Elron Ventures disclosed approximately 26% ownership of Cyvers as of June 2026, excluding additional convertible investments.
Elron also has the right to appoint a Cyvers board member.
And Elron has a longstanding partnership with Rafael Advanced Defense Systems through Rafael Development Corporation, RDC.
Elron owns 50.1% of RDC.
Rafael owns 49.9%.
RDC has rights to commercialise Rafael’s military technologies for civilian markets.
The distinction matters: Elron holds its Cyvers stake directly. These disclosures do not establish Rafael ownership of Cyvers.
Lavid has also described working with EY and holding discussions with Israeli banks, including CBDC-related discussions.
So the documented connections include military service, Iron Dome experience, financial-sector CBDC relationships and an investor with a Rafael joint venture.
It’s important to understand the incentives behind the information that’s being fed through.
Because they almost always say it’s North Korea.
[ DOOMER ]
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