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INSIGHT: How North Korea stole $1.5bn from Bybit – the biggest ever crypto theft

Premium February 28, 2025

North Korean leader Kim Jong Un speaks during a visit to the National Defense University in Pyongyang, North Korea, October 7, 2024, in this photo released by North Korea's official Korean Central News Agency. KCNA via REUTERS/File Photo

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By PAUL O’DONOGHUE, Senior Correspondent

THE FBI has accused hackers from North Korea of stealing $1.5 billion in cryptocurrency from Bybit, a Dubai-based exchange.

The attack, carried out by the Lazarus Group (also known as TraderTraitor), is now the largest crypto theft on record.

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Picture of the Manchester criminals involved in drug trafficking and money laundering Premium

NEWS: Wigan drugs and money laundering gang jailed for over 40 years

Warning from UBS audit on bank's statements

LATEST: UBS auditor warns over bank’s financial reporting controls

 Premium

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