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North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack

BBC Business LogoBBC Business14h ago

North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack - BBC Business

Quick Summary:

Hackers from the infamous Lazarus Group are in a cat-and-mouse game to launder their stolen funds from the ByBit heist.

Crypto exchange eXch is being accused by ByBit and others of not stopping the criminals cashing out.

Since then, it's been a cat-and-mouse game to track and block the hackers from successfully converting the crypto into usable cash.

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North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack - BBC Business (Picture 1)

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Article Details

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-10 @ 01:11:47 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 857 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 26798587

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About BBC Business

BBC Business Logo

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 8 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 13 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

Publisher Details

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The story "North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack" was covered 14 hours ago by BBC Business, a news publisher based in United Kingdom.

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It's most recent story was published 13 hours ago.

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  • News ID: #26798587
  • URL: https://beamstart.com/news/north-korean-hackers-cash-out-17415724571921

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