State-backed North Korean hackers have stolen $1.5bn (£1.2bn) of cryptocurrency in the largest heist in history.

The hackers stole more cryptocurrency in one attack than all the funds stolen by North Korean cyber criminals in 2024, when the rogue state’s cyber attackers made off with around $1.3bn in digital coins, according to cryptocurrency analysts Chainalysis.

  • GenosseFlosse@feddit.org
    381·
    1 month ago

    Isn’t it only worth 1.5 billion if you manage to sell it? How would you liquidate this much crypto?

    • nomy@lemmy.zipEnglish
      42·
      1 month ago

      Launder it and slowly sell it off through sock puppets.

      They’re a nation-state level actor, they have significant resources of their own and solid ties to both China and Russia, who are even more skilled and have even more resources.