North Korea’s Lazarus Group pulled off the $1.5B Bybit hack, making it the biggest crypto heist ever. Here’s how they did it—and what’s next.

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.

Officials pinned the blame on North Korea’s Lazarus Group for the recent devastating $1.5 billion crypto heist against Bybit. Earlier this month, popular cryptocurrency exchange Bybit suffered a devastating attack that inflicted a tremendous $1.5 billion loss.

The FBI referred to the attack as “TraderTraitor,” a malicious campaign linked to North Korean state-sponsored hackers the Lazarus Group.

Over the weekend, blockchain security companies and experts have linked North Korea's Lazarus hacking group to the theft of over $1.5 billion from cryptocurrency exchange Bybit.

A NORTH Korean hacking group accused of orchestrating the largest heist in crypto’s history has reportedly stolen a whopping £5billon worth of digital money from the West. The shady Lazarus

Cybersecurity researchers quickly concluded that the era of giant digital-asset heists had entered a new and potentially ruinous phase following the theft.

Hermit kingdom increasingly targets vulnerable cryptocurrency, using cybercrime to boost battered economy and fund weapons programmes

North Korean hackers took just two minutes to make off with $1.5bn (£1.2bn) in cryptocurrency, cyber security researchers believe, in the single biggest heist in history.

Bybit clients withdrew almost $4 billion within two days of the attack; the company recovered just 3% of the total of the stolen crypto assets