North Korea has become the world's third-largest government holder of Bitcoin, following a massive cryptocurrency heist. Here's the detailed breakdown:

North Korea achieved this position through a massive cryptocurrency theft. On February 21, hackers affiliated with North Korea's Lazarus Group infiltrated Bybit, one of the largest cryptocurrency exchanges, stealing approximately $1.46 billion in Ethereum.
A significant portion of these stolen funds was subsequently converted into Bitcoin, boosting North Korea's total holdings to 13,562 BTC

#bitcoin #cryptocurrency #Heist #northkorea

Blockchain investigator ZachXBT has reported on his personal channel that a probe into Tornado Cash asset theft has revealed North Korean hackers used the platform to mix coins on March 11. Following this, they allegedly purchased 437.6 billion PEPE tokens, valued at approximately $3.1 million, using part of the ETH funds.

Previously, Foresight News reported, based on Lookonchain monitoring, that three wallets made significant purchases of 689.79 billion PEPE tokens, totaling around $4.3 million. The funds for these transactions were also traced back to Tornado Cash.

#theft #HACK #pepe #memecoin #northkorea #tornadocash #Blockchain #ETH