North Korea's biggest ever crypto heist: $1.4B stolen from Bybit
2025-02-23 • Security Conversations •
The podcast episode includes discussion of a reported $1.4 billion Lazarus Group theft from cryptocurrency exchange Bybit. The excerpt identifies the Bybit incident as North Korea’s largest-ever crypto heist and places it among other cyber-espionage and platform-abuse topics covered in the episode. Available details are high level: the body names Lazarus Group, the Bybit target, and the scale of the theft, but does not include malware, infrastructure, wallet, or intrusion-chain evidence. The incident matters for DPRK tracking because large cryptocurrency thefts remain a major operational and funding theme in Lazarus-linked activity.