FBI accuses North Korean-backed hackers of stealing $1.5 billion in crypto from Dubai-based firm

Source: Associated Press

“The FBI has accused North Korean-linked hackers of conducting one of the largest thefts of cryptocurrency publicly known, seizing some $1.5 billion worth of ethereum from a Dubai-based firm. The theft earlier this month targeting Bybit, one of the world’s largest crypto exchanges, represents yet another involving a team of hackers identified by the U.S. government by the names TraderTraitor and the Lazarus Group. … Bybit co-founder and CEO, Ben Zhou, acknowledged the FBI’s announcement in a post on the social platform X by linking to a website offering $140 million in bounties for tracking the stolen crypto and getting it frozen by other exchanges.” (02/27/25)

https://apnews.com/article/bybit-exchange-crypto-hack-north-korea-7c8335c1397261554138090c2c38f457