EconomyStealing $1.5B in crypto is easy; cashing out is the trap
North Korean hackers stole about $1.5 billion from Bybit in February 2025. Blockchain investigator ZachXBT posed as a customer, committing 349,700 USDC to access a Chinese laundering network. He traced more than $12 million in Bybit-linked funds and says his investigation helped prompt Tether to freeze 442,000 USDT. The article argues that converting stolen crypto into real purchasing power is the harder part of the crime.
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CryptoSlate★★★☆☆2026-10-10 12:00Original
Stealing $1.5B in crypto is easy; cashing out is the trap
Economy