North Korean Hackers Steal Record Amounts of Cryptocurrency

North Korean Hackers Target Global Cryptocurrency Markets

In recent years, North Korean hackers have been responsible for large-scale thefts of cryptocurrencies from numerous countries, including the United States, Japan, Vietnam, and Hong Kong. These sophisticated cyberattacks have resulted in significant financial losses and have raised global concerns about digital security and international cybercrime.

Record-Breaking Thefts in 2025

The latest findings from analysis firm Chainalysis reveal that North Korean hackers managed to steal cryptocurrencies worth a record $2 billion (approximately 18.6 billion SEK) in 2025 alone. This unprecedented figure highlights the growing threat posed by state-sponsored cybercriminals in the digital asset space.

Major Attack on Bybit Exchange

A significant portion of the stolen funds comes from the February attack on the cryptocurrency exchange Bybit. During this incident, hackers seized assets valued at around $1.5 billion, making it one of the largest single cryptocurrency thefts to date.

Total Estimated Losses

Since the inception of these operations a few years ago, it is estimated that North Korean hackers have stolen cryptocurrencies worth a total of $6.75 billion. These ongoing activities underscore the need for enhanced cybersecurity measures and international cooperation to combat cyber theft and protect digital assets worldwide.

Global Implications and Security Measures

The scale and frequency of these attacks have prompted calls for stronger regulations and improved security protocols within the cryptocurrency industry. As digital currencies become more mainstream, both exchanges and investors must prioritize robust security strategies to mitigate risks associated with cybercrime.