North Korea’s $1.5 Billion Crypto Heist: Bybit Hack Sets New Record

The FBI has found the culprit behind the $1.5 billion Bybit hack: North Korea-linked group TraderTraitor. This heist surpasses previous crypto thefts, and Bybit assures users their funds are safe despite the comedy of errors. Who knew TraderTraitor was more than just a bad pun?

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Hot Take:

Whoa, talk about a plot twist! Who knew the next big blockbuster would be North Korea stealing crypto like a digital Ocean’s Eleven? Move over Clooney, here comes TraderTraitor!

Key Points:

  • FBI pins a $1.5 billion crypto heist on North Korea-linked group, TraderTraitor.
  • The Bybit hack surpasses previous crypto heists, making it the biggest one yet.
  • The attackers compromised Bybit’s ETH cold wallet through a clever interface trick.
  • Bybit remains solvent and assures customers their funds are safe, despite the heist.
  • Blockchain firms and the FBI are on the case, trying to trace and freeze stolen assets.

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