US confirms North Korea behind record-breaking $1.5B crypto heist from Bybit
FBI calls on crypto industry to block transactions linked to TraderTraitor cyber activity, listing associated addresses
The FBI's public service announcement naming North Korea as the perpetrator behind the Bybit $1.5 billion heist on Feb. 26, 2025 | Image: FBI, edited by NK News
The FBI has confirmed that North Korean cybercriminals poached some $1.5 billion from the Dubai-based exchange Bybit last week, seeking information about the largest-ever cryptocurrency heist.
In a public service announcement on Wednesday, the bureau linked the theft to malicious North Korean cyber activity that it tracks under the name "TraderTraitor.”
The FBI has confirmed that North Korean cybercriminals poached some $1.5 billion from the Dubai-based exchange Bybit last week, seeking information about the largest-ever cryptocurrency heist.
In a public service announcement on Wednesday, the bureau linked the theft to malicious North Korean cyber activity that it tracks under the name "TraderTraitor.”
Try unlimited access
Only $1 for four weeks
-
Unlimited access to all of NK News: reporting, investigations,
analysis
-
Year-one discount if you continue past $1 trial period
-
The NK News Daily Update, an email newsletter to keep you in
the loop
-
Searchable archive of all content, photo galleries, special columns
-
Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting,
investigations, and analyses by our team of DPRK experts.
Subscribe
now
All major cards accepted. No commitments – you can cancel any time.
© Korea Risk Group. All rights reserved.
No part of this content may be reproduced, distributed, or used for
commercial purposes without prior written permission from Korea Risk Group.
SHARE
COPY LINK
X
MASTODON
