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FBI Confirms $1.5 Billion Crypto Theft by North Korean Hackers from ByBit

  • North Korean hackers have stolen $1.5 billion from ByBit, one of the world's largest cryptocurrency exchanges.
  • FBI has labeled this heist as 'TraderTraitor' and is working to block transactions associated with the stolen assets.
  • The hack was executed by compromising a Safe dev's device and altering transaction parameters.
  • About $160 million of the stolen assets have already been linked to North Korean operatives.

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