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Crypto sleuth links $500M in Iranian USDT to stolen Bybit funds

Crypto sleuth Tanuki42 claims the middle man selling USDT to Iran is also receiving USDT from DPRK wallets laundering Bybit funds.

CHART: North Korea stole $2.8B in crypto hacks since 2024, report

A report from the Multilateral Sanctions Monitoring Team claimed that North Korea stole at least $2.8B in crypto hacks since 2024.

According to a new report, crypto is earning North Korea billions in foreign currency every year and it’s helping Russia acquire weapons.

In just over 18 months, North Korean hackers like Lazarus have used the same “hijacked multisig” technique to steal over $1.75B in crypto.

Crypto sleuth ZachXBT revealed North Korean hackers likely stole $5.2M in crypto by infecting the victim with malware.