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North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack

Posted: Mon Mar 10, 2025 2:49 am
by rbc
Hackers thought to be working for the North Korean regime have successfully cashed out at least $300m (£232m) of their record-breaking $1.5bn crypto heist.

The criminals, known as Lazarus Group, swiped the huge haul of digital tokens in a hack on crypto exchange ByBit two weeks ago.

Since then, it's been a cat-and-mouse game to track and block the hackers from successfully converting the crypto into usable cash.
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North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack