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Bybit North Korea hack

Story timeline · 5 updates, 10 Oct to 3 Nov 2026

Hackers linked to North Korea stole about $1.5bn from Bybit in February 2025, and cashing out required a network of people handling stolen crypto. North Korea denied involvement and accused the US of misleading world opinion. Salus now says about $22m of illicit funds flowed into HitBTC through July, including $3.68m…

Every update, oldest first

  1. North Korean hackers' $1.5bn Bybit haul hard to cash out, report says

    Hackers linked to North Korea stole about $1.5bn from Bybit in February 2025, but moving the funds required a network of people willing to handle stolen crypto, according to a report.

    BitcoinCryptoSlateAIBearish

  2. Bybit's Ben Zhou says operating income has covered losses from North Korea hack

    Bybit CEO Ben Zhou said the exchange covered losses from a hack blamed on North Korean attackers through fee and other operating income late last year. He said the golden era of global exchange expansion is over and Bybit will focus on regional, licensed operations.

    RegulationOdailyAIBearish

  3. OneKey's Yishi says IBIT may be a North Korean hacking target

    OneKey founder Yishi said IBIT may already be on North Korea's potential target list, citing the February 2025 Bybit hack in which attackers allegedly compromised a Safe{Wallet} developer's Mac and stole $1.5bn. Yishi said TRM Labs links the Binance incident to TraderTraitor, also tied to the Bybit and DMM Bitcoin thefts.

    ETFsPANewsAIBearish

  4. North Korea denies link to last year's Bybit hack and accuses US of misleading

    North Korea has denied involvement in last year's Bybit hack and accused the US of misleading world opinion, KCNA reported. It also said the US had announced the seizure of stolen crypto assets for a national strategic reserve.

    RegulationChainCatcherAIBearish

  5. Salus says HitBTC again used as laundering route for hacked funds

    Salus says about $22m of illicit funds flowed into HitBTC through July this year, and that $3.68m linked to North Korea from the $1.4bn Bybit hack also reached the platform, which did not respond to cooperation requests.

    RegulationCoinNessAIBearish

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.