North Korea’s Lazarus Group pulled off the $1.5B Bybit hack, making it the biggest crypto heist ever. Here’s how they did it—and what’s next.

Assets were stolen from Dubai-based cryptocurrency exchange Bybit earlier this month, in what's believed to be the largest-ever digital heist.

The FBI has accused North Korean-linked hackers of conducting one of the largest known thefts of cryptocurrency — worth some $1.5 billion — from a Dubai-based firm.

The FBI referred to the attack as “TraderTraitor,” a malicious campaign linked to North Korean state-sponsored hackers the Lazarus Group.

Last week, a group of hackers reportedly backed by North Korea pulled off what has been determined to be the biggest heist in history. According to a report

The Federal Bureau of Investigation said on Wednesday that North Korea was responsible for the theft of approximately $1.5 billion in virtual assets from cryptocurrency exchange ByBit.

North Korea is behind the massive crypto hack, according to several blockchain monitoring firms and a well-known researcher

The FBI has accused the North Korean Lazarus Group of being behind the largest cryptocurrency theft in history.

Bybit has launched a dashboard for its bounty program, with CEO Ben Zhou declaring "war" on North Korean hackers linked to the theft.

As news started spreading about a massive hack on crypto exchange Bybit last Friday, cybersecurity researchers quickly concluded that the era of giant digital-asset heists had entered a new and potentially ruinous phase.

North Korean hackers took just two minutes to make off with $1.5bn (£1.2bn) in cryptocurrency, cyber security researchers believe, in the single biggest heist in history.