NewStats: 3,262,160 , 8,176,285 topics. Date: Sunday, 01 June 2025 at 04:39 AM 3x3ng

The U.S. Federal Bureau of Investigation (FBI) on Thursday said that North Korea is behind the theft of about 1.5 billion dollars in digital assets from a cryptocurrency exchange, .

The company said hackers stole about 1.5 billion dollars in digital assets from Dubai-based crypto exchange Bybit on Feb.19, marking the biggest cryptocurrency heist ever recorded.

The FBI warned that the assets will be laundered and eventually converted into currency.

“FBI refers to this specific North Korean malicious cyber activity as ‘TraderTraitor,’ the FBI said in a public announcement.

“Trader Traitor actors are proceeding rapidly and have converted some of the stolen assets to Bitcoin and other virtual assets dispersed across thousands of addresses on multiple block chains,” the agency said.

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

Fiat currency refers to government-issued currency that is not backed by a physical commodity such as gold.

Bybit has offered a bounty to those that help them recover the losses, setting up an online system to trace and freeze stolen funds.

Chief executive Ben Zhou said transparency was not just a principle, but “our most potent weapon” against cybercrime.

“We are taking a stand to ensure that every transaction is visible and every hacker is held able.

“Our multifive-pronged offensive is a clear message: if you steal, you will be found, and justice will be swift,” said Zhou.

https://guardian.ng/news/north-korea-behind-1-5b-cryptocurrency-heist-fbi/

First to comment since 2016 I’ve ed this platform.. glory be to God in the highest and i want to dedicate the win to my loving mom and my beautiful girlfriend

ROI gone>?

Hey

Wow.

We keep underestimating North Korea thinking they are neanderthal meanwhile they are bursting postmodern so-called safest currency.

Lol. Who will now be extradited from North Korea ? Does North Korea even has extradition policy?

Okay

Àwọn ọmọ Wire wire

Hmm let me reserve my comment

North Korea could be the biggest crime organization in the world.

No matter the level of atrocity you commit from that country, nobody is ever going to extradite you.

If the perpetrators are in NK, forget it.

They will never be arrested.

If not that Nigerians are bunch of noise makers, we don't even come close to these countries in stealing.

The only difference is that we have the highest concentration of morons. So we lure, take a little and make so much noise.

Those guys are extremely intelligent. They hack, not fraud.

The difference is that the empty vessels make the noise while those who are extremely intelligent takes trillions without saying a word.

This is a perfect example of a relationship between a cat and a rat.

Cat go steal, Dem go come put the blame on the rat because the cat was originally designed to chase the rat

omooooooooooooo, and they cant enter north korea

Dianna223sime:
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Zero deposit??

Noted.

TRABAYE
gbe wan de be! una think say as dem no dey WESTERN SOCIAL MEDIA, they are not UPDATED? NOP they are SERIOUS with LIFE

Brains dey

Chai..... Even Izzy Morales is amazed

If only Nigeria can learn something from this.

Putin's ally.

Sharrap... Trump and Melania sef do their own crypto heist and una no talk

dre11:



https://guardian.ng/news/north-korea-behind-1-5b-cryptocurrency-heist-fbi/

Dey play,ole
Lazy scammer.
Bastad idiot. U never see food chop today ba.ole
This scam reigned in 2014,no be now
Ole

Dianna223sime:
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Let the Proffesional handle your Canada visa application with ease and assure results
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port data page, processing and visa fee only. Call or WhatsApp us on + four 4 seven three zero four 163 zero three 3.….. or. zero 70 one two nine 8 five 9 four four,.

Is this not the same North Korea that they say do not have internet?
Something is not adding up.

I don't believe this nonsense.

Doctorova:
I’m i the first to comment?

Looks like it. Congratulations on this monumental achievement, your own emilokan victory!

Dey are taking back what belongs to them

Money don enter voice mail 😂

kenny714433:
If not that Nigerians are bunch of noise makers, we don't even come close to these countries in stealing.

The only difference is that we have the highest concentration of morons. So we lure, take a little and make so much noise.

Those guys are extremely intelligent. They hack, not fraud.

The difference is that the empty vessels make the noise while those who are extremely intelligent takes trillions without saying a word.

The problem isn't the noise, it's your EFCC and Govt trying to act like they fight crime just to save face whereas the real crime is being perpetrated be the politicians. Guess where they move the money to? The same western countries who are fully aware those are proceeds of corruption but then, they won't do nothing as long as it's coming into their economy.

Wait and see if North Korea Govt or their anti crime agency will arrest their people, they simply won't. If you think it's about noise then how about Russian Hackers? They are popular but their govt hardly arrest them.

Wehhhh
No be crypto dey unhackable ?

1billion dolls, umohhh na
1.5 trillion naira dat, na yearly budget of most African countries

The $1.5b eth is lost forever the hackers are the well known lazarus group they are backed by the north korean govt, this is not the first time this group is hacking and stealing from crypto exchanges non of their past stolen crypto asset heists has ever been recovered.