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Hackers from North Korea Convert 20% of Their ByBit Loot into Cash

By: Investor Brand Network
March 13, 2025 at 09:05 AM EDT

The Lazarus Group, believed to be linked to North Korea, has turned at least $300 million from their recent $1.5 billion cryptocurrency hack into funds that are now impossible to recover. The hackers managed to steal the massive sum after breaching the ByBit crypto exchange.

Crypto industry players like HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) are likely to closely examine what could have gone wrong to open an opportunity for hackers to target…

Read More>>

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