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Asia-Pacific, Crypto, Financial Crime

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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AML Bitcoin CEO convicted of $2M fraud and money laundering scheme

NEWS: Germany takes down eXch over $1.9B laundering

 Premium

NEWS: AUSTRAC expands its data-sharing Fintel Alliance in fraud crackdown

 Premium

NEWS: Socialists lead Albania election despite corruption claims

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