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North Korean Hackers Cash Out US$300M From ByBit Heist
TaiwanPlus News
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10 months ago
North Korean hackers have laundered US$300 million of US$1.5 billion worth of cryptocurrency stolen during a heist from exchange ByBit in February. The U.S. and its allies accuse Pyongyang of using these funds to finance its weapons programs.
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00:00
North Korean hackers have successfully laundered 300 million US dollars of
00:04
stolen cryptocurrency. In late February, hackers from North Korea's Lazarus group
00:10
used automated tools to steal a record-breaking one and a half billion
00:14
dollars from the exchange Bybit. Investigators tracking the funds say 20
00:19
percent of that has gone dark, meaning it's now unrecoverable. The U.S. and its
00:24
allies accused North Korea of using these stolen funds to finance its
00:28
military and nuclear programs.
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