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North Korean cybercriminals linked to largest-ever cryptocurrency heist

The US Federal Bureau of Investigation accused North Korea of stealing $1.5 billion worth of digital assets from Bybit, marking the largest crypto heist in history, according to an announcement on Wednesday.
Bybit reported that 400,000 Ethereum was taken after hackers exploited security protocols, causing significant market impact.
A group known as TraderTraitor, also called the Lazarus Group, was responsible for the theft and is converting the stolen assets to Bitcoin.
According to a United Nations panel, North Korea has stolen over $3 billion in cryptocurrency since 2017 to help fund its nuclear program.

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Firstpost News

Largest crypto heist in history: Who ‘stole’ $1.5 bn worth of digital assets? FBI names North Korea

The US Federal Bureau of Investigation (FBI) has accused North Korea of orchestrating the theft of $1.5 billion in digital assets last week, marking the largest cryptocurrency heist ever recorded.

1 day ago·Mumbai, India

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Le Figaro

FBI allocates record $1.5 billion in cryptocurrencies to North Korea

This is the largest known sum of digital assets ever stolen.

1 day ago·Paris, France

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NDTV

In Largest Crypto Theft In History, Exchange Loses $1.5-Billion Ethereum

Dubai-based cryptocurrency exchange Bybit reported on Friday that hackers stole $1.5 billion worth of digital assets in what marks the largest crypto theft in industry history. Bybit CEO and founder Ben Zhou addressed the hack during an online chat, assuring users that "your funds are safe." The company added on X: "We've launched a refund program for users affected by today's hack. Bybit is committed to protecting our community, and we will fu…

4 days ago·New Delhi, India

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NK News

North Korean cybercriminals linked to largest-ever cryptocurrency heist

North Korean cybercriminals stole some $1.5 billion in cryptocurrency from a Dubai-based centralized exchange, marking the largest cryptocurrency heist ever recorded, according to a U.S. blockchain intelligence firm. In a press release on Friday, TRM Labs assessed with “high confidence” that Pyongyang-backed actors were behind the theft from the Bybit exchange, based on overlaps between […]

4 days ago·Seoul, Korea, Republic of

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ABC Australia

Hackers steal $2.4bn from crypto exchange Bybit in 'largest heist' of all time

The Dubai-based platform Bybit said an attacker gained control of an Ethereum wallet and transferred its holdings to an unknown address.

4 days ago·Australia

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Digi 24

The biggest cryptocurrency heist in history: How hackers managed to steal $1.5 billion

Bybit, one of the largest cryptocurrency trading platforms, was the target of a large-scale cyber attack, as a result of which hackers managed to steal digital assets worth $1.5 billion. According to experts...

6 days ago·Romania

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