North Korean Hackers Cash Out $300m
This is a North Korea news story, published by BBC, that relates primarily to ByBit news.
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laundering cryptoBBC
•Business
Business & Economics
North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack

63% Informative
Hackers thought to be working for North Korea have successfully cashed out at least $300m ( 232 m) of their record-breaking $ 1.5bn crypto heist.
The criminals, known as Lazarus Group , swiped the huge haul of digital tokens in a hack on crypto exchange ByBit two weeks ago .
Experts say the infamous hacking team is working nearly 24 hours a day - potentially funnelling the money into the regime's military development.
20% of the funds have now "gone dark", meaning it is unlikely to ever be recovered.
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