Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Nnaji Resigns As Minister Over Alleged Certificate Scandal

    October 7, 2025

    Tinubu Confers CON Title On Ex-INEC Chair Mahmood Yakubu

    October 7, 2025

    Alleged certificate forgery: I’m a proud UNN graduate – Nnaji

    October 6, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Nnaji Resigns As Minister Over Alleged Certificate Scandal
    • Tinubu Confers CON Title On Ex-INEC Chair Mahmood Yakubu
    • Alleged certificate forgery: I’m a proud UNN graduate – Nnaji
    • Mohbad’s Father Urges LASG To Prosecute Wife, Nurse
    • Mandy Kiss: NANS Demands Withdrawal Of Appointment
    • Former IGP, Solomon Arase Laid To Rest In Benin
    • PENGASSAN Begins Nationwide Strike Over Mass Sack At Dangote Refinery
    • Ex- Police Service Commission Chair, Osayande Dies At 89
    Facebook X (Twitter) Instagram
    TheScrutinyNG
    Subscribe
    Thursday, October 9
    • Home
    • Politics
    • Business
    • News
      • World News
    • Sports
    • Interviews
    • Opinion
    • Entertainment
    • Columnists
    • ABOUT US
    TheScrutinyNG
    Home » North Korea Behind Record $1.5 Billion Crypto Heist – FBI
    1 Min ReadFebruary 27, 2025

    North Korea Behind Record $1.5 Billion Crypto Heist – FBI

    By Amina MohammedFebruary 27, 2025No Comments1 Min Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The US Federal Bureau of Investigation on Wednesday accused North Korea of being behind the theft of $1.5 billion worth of digital assets last week, the largest crypto heist in history.

    “(North Korea) was responsible for the theft of approximately $1.5 billion USD in virtual assets from cryptocurrency exchange, Bybit,” the FBI said in a public service announcement.

    The bureau said a group called TraderTraitor, also known as the Lazarus Group, was behind the theft.

    It said they were “proceeding rapidly and have converted some of the stolen assets to Bitcoin and other virtual assets dispersed across thousands of addresses on multiple blockchains”.

    “It is expected these assets will be further laundered and eventually converted to fiat currency,” the FBI added.

    Lazarus Group gained notoriety a decade ago when it was accused of hacking into Sony Pictures as revenge for “The Interview,” a film that mocked North Korean leader Kim Jong Un.

    North Korea’s cyber-warfare program dates back to at least the mid-1990s.

    It has since grown to a 6,000-strong cyber-warfare unit known as Bureau 121 that operates from several countries, according to a 2020 US military report.

    AFP

    Author

    • Amina Mohammed
      Amina Mohammed

      View all posts
    crypto FBI North Korea
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Amina Mohammed

    Related Posts

    Breaking News

    Nnaji Resigns As Minister Over Alleged Certificate Scandal

    October 7, 2025
    Breaking News

    Alleged certificate forgery: I’m a proud UNN graduate – Nnaji

    October 6, 2025
    Breaking News

    Mohbad’s Father Urges LASG To Prosecute Wife, Nurse

    October 3, 2025
    Breaking News

    Mandy Kiss: NANS Demands Withdrawal Of Appointment

    October 3, 2025
    Breaking News

    Former IGP, Solomon Arase Laid To Rest In Benin

    October 3, 2025
    Breaking News

    PENGASSAN Begins Nationwide Strike Over Mass Sack At Dangote Refinery

    September 28, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Editor's Picks

    Nnaji Resigns As Minister Over Alleged Certificate Scandal

    October 7, 2025

    Tinubu Confers CON Title On Ex-INEC Chair Mahmood Yakubu

    October 7, 2025

    Alleged certificate forgery: I’m a proud UNN graduate – Nnaji

    October 6, 2025

    Mohbad’s Father Urges LASG To Prosecute Wife, Nurse

    October 3, 2025
    Latest Posts
    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 The Scrutiny. Designed by Design Streams.

    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.