Stealing $1.5B in crypto is easy, cashing out is the trap
North Korean hackers stole around $1.5 billion from Bybit in February 2025. While the hack itself has been widely covered and analyzed, few have focused on what happened afterward and what became of the stolen funds. To move all that money, hackers needed to rely on an entire network of people willing to handle stolen […] The post Stealing $1.5B in crypto is easy, cashing out is the trap appeared first on CryptoSlate.
Key Takeaways
- North Korean hackers stole around $1.5 billion from Bybit in February 2025.
- While the hack itself has been widely covered and analyzed, few have focused on what happened afterward and what became of the stolen funds.
- To move all that money, hackers needed to rely on an entire network of people willing to handle stolen […] The post Stealing $1.5B in crypto is easy, cashing out is the trap appeared first on CryptoSlate.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Security
Newer AI models missed more payment fraud in Coinbase’s benchmark
A fixed historical replay found weaker fraud coverage across three model upgrades, while GPT’s precision improved. The post Newer AI models missed more payment fraud in Coinbase’s benchmark appeared first on CryptoSlate.
Fake Instagram Relationship Cost $211K but Losses Didn’t End at Arrest
A crypto scam courier was sentenced after Alabama officers arrested him in a sting involving a supposed $300,000 payment. The case also details how an older resident kept sending money to strangers despite authorities’ intervention. A Grocery Store Pickup…
Ledger hack scare nears $90 million as Tether moves to freeze stolen USDT
Suspected Ledger wallet thefts are approaching $90 million as Tether freezes USDT stablecoin linked to the incident, according to blockchain investigators. In an Oct. 9 statement, the crypto hardware wallet maker said it was investigating reports that…