Still, valued at $1.5 billion, the Bybit heist would make up more than half of the total amount of crypto stolen in 2024, according to a report from Chainalysis last year. The Cha

Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds.

Cryptocurrency exchange Bybit said last week hackers had stolen digital tokens worth around $1.5 billion, in what researchers called the biggest crypto heist of all time.

Cybersecurity researchers quickly concluded that the era of giant digital-asset heists had entered a new and potentially ruinous phase following the theft.

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 is behind the massive crypto hack, according to several blockchain monitoring firms and a well-known researcher

The Federal Bureau of Investigation (FBI) has officially accused North Korea’s cybercrime group, Lazarus, of orchestrating a massive $1.5 billion heist in Ethereum from cryptocurrency exchange Bybit.

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.