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FBI Blames North Korea for $1.5 Billion Crypto Heist
Greenwatch Desk
World News
2025-02-27, 11:51am
The FBI has officially implicated North Korea in the theft of $1.5 billion worth of cryptocurrency, marking the largest heist in digital asset history. In a public service announcement released on Wednesday, the U.S. Federal Bureau of Investigation stated that North Korean operatives were responsible for the massive theft from the Bybit cryptocurrency exchange last week.
The FBI’s statement shed light on the scale of the attack, which has sent shockwaves through the global crypto community. The heist highlights growing concerns over North Korea's use of cybercriminal activities to fund its regime, with cryptocurrency becoming an increasingly favored target for illicit operations.