How North Korean hackers stole $1.5 billion in crypto

Hackers thought to be working for the North Korean regime have successfully cashed out hundreds of millions of dollars of their record-breaking $1.5 billion crypto heist.

The criminals, known as the Lazarus Group, swiped a huge haul of digital tokens in an audacious and remarkable hack on the crypto exchange ByBit last month.

Since then, they have been in a cat-and-mouse game with the company and legions of crypto fans trying to stop them from turning the coins into usable cash.

The Lazarus Group is accused of a litany of huge hacks, allegedly to make money for the hermit nation’s weapons program.

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The Bybit hacker is back at it again, resuming stolen asset laundering activities after a short hiatus!

Bybit hackers resumed transferring and laundering stolen assets after a one-day pause. As of the hacker's 'rest' period yesterday, their address still contained 218,000 ETH, valued at approximately $486 million.

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Largest crypto heists of all time

Blockchain analytics firm Elliptic has flagged 11,084 cryptocurrency wallet addresses suspected of being linked to the Bybit exploit. That list is expected to grow as investigations continue.

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Bybit hacker launders $335 million as funds continue to move.

Onchain data shows that the hacker has moved 45,900 Ether (ETH) — worth about $113 million — in the past 24 hours, bringing the total amount laundered to more than 135,000 ETH, valued at $335 million.
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