The FBI confirmed that North Korea’s Lazarus Group was behind the $1.5 billion Bybit hack. The agency urged crypto platforms and DeFi services to block

A brief Public Service Announcement (PSA) issued by the law enforcement agency on Febrary 26 attributed the attack on cryptocurrency exchange Bybit to the “TraderTraitor” group (aka Lazarus, APT38, BlueNoroff, and Stardust Chollima).

FBI has confirmed that North Korean hackers stole $1.5 billion from cryptocurrency exchange Bybit on Friday in the largest crypto heist recorded until now.

Lazarus Group isn’t an occasional player in the hacking world; it is frequently the prime suspect in major crypto heists. The North Korean state-backed group has siphoned billions from exchanges, tricked developers,

The total take for the Lazarus hackers was over 400,000 ETH and stETH valued at about $1.5 billion in total. The public report of the crypto theft triggered a wave of about 580,000 withdrawal requests.

The Federal Bureau of Investigation said on Wednesday that North Korea was responsible for the theft of approximately $1.5 billion in virtual assets from cryptocurrency exchange ByBit. The agency said it refers to this specific North Korean malicious cyber activity as "TraderTraitor.

Up to $140M in bounty rewards for return of Ethereum allegedly pilfered by hermit nation Cryptocurrency exchange Bybit, just days after suspected North Korean operatives stole $1.5 billion in Ethereum from it,

In the early hours of February 21, 2025, the cryptocurrency world was thrust into chaos. A staggering $1.5 billion in digital assets vanished from Bybit, a Dubai-based cryptocurrency exchange, in what is now the largest crypto heist in history.

North Korea's Lazarus Group is credited with hacking the Bybit crypto exchange on February 21, 2025, and stealing a massive $1.4 billion. According to blockchain security firm Elliptic, the stolen funds are likely being laundered through various methods to obscure the transaction trail.