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Arstechnica

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How North Korea pulled off a $1.5 billion crypto heist—the biggest in history

  • North Korea has pulled off a $1.5 billion crypto heist, the biggest in history.
  • The theft occurred at the Dubai-based exchange Bybit, where over 400,000 ethereum and staked ethereum coins were stolen.
  • The funds were transferred from a 'Multisig Cold Wallet' to one of the exchange's hot wallets and then moved into wallets controlled by the attackers.
  • The techniques and laundering of the stolen funds suggest the involvement of threat actors working for North Korea.

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