One of the largest publicly-known thefts of cryptocurrency was conducted by North Korean hackers, according to the FBI, who stole $1.5 billion worth of Ethereum from a popular crypto exchange.

Assets were stolen from Dubai-based cryptocurrency exchange Bybit earlier this month, in what's believed to be the largest-ever digital heist.

The FBI confirmed that North Korea’s Lazarus Group was behind the $1.5 billion Bybit hack. And now It’s turning to crypto for help.

The FBI has accused the North Korean Lazarus Group of being behind the largest cryptocurrency theft in history.

A brief Public Service Announcement (PSA) issued by the law enforcement agency on Febrary 26 attributed the attack on cryptocurrency exchange Bybit to the “TraderTraitor” group (aka Lazarus, APT38, BlueNoroff, and Stardust Chollima).

FBI has confirmed that North Korean hackers stole $1.5 billion from cryptocurrency exchange Bybit on Friday in the largest crypto heist recorded until now.

The Federal Bureau of Investigation said on Wednesday that North Korea was responsible for the theft of approximately $1.5 billion in virtual assets from cryptocurrency exchange ByBit. The agency said it refers to this specific North Korean malicious cyber activity as "TraderTraitor.

Up to $140M in bounty rewards for return of Ethereum allegedly pilfered by hermit nation Cryptocurrency exchange Bybit, just days after suspected North Korean operatives stole $1.5 billion in Ethereum from it,

In the early hours of February 21, 2025, the cryptocurrency world was thrust into chaos. A staggering $1.5 billion in digital assets vanished from Bybit, a Dubai-based cryptocurrency exchange, in what is now the largest crypto heist in history.

North Korea's Lazarus Group is credited with hacking the Bybit crypto exchange on February 21, 2025, and stealing a massive $1.4 billion. According to blockchain security firm Elliptic, the stolen funds are likely being laundered through various methods to obscure the transaction trail.