When North Korea isn’t infiltrating Fortune 500 companies using fake identities, they are making off with the biggest Bitcoin heist in history.

In February 2025, North Korean hackers successfully infiltrated Bybit and walked away with $1.5 billion in cryptocurrencies – the largest theft in history. The group has become notorious – stealing $1.3 billion in 2024 and $660.5 million in 2023.

The Chainalysis report says the theft utilized social engineering attacks and sophisticated laundering methods. North Korea’s has increasingly turned to hackers to fund military and other operations