Cryptocurrency buyers should be prepared for more and bigger threats after North Korea’s recent robbery of close to $1.5 billion of cryptocurrency from crypto exchange Bybit. That’s just one of the implications of a study appearing in the February 2025 issue of the Quarterly Journal of Economics.

North Korean hackers have stolen $1.5 billion in cryptocurrency in a single heist, making it the largest crypto hack on record, security experts told CNN.

North Korea was responsible for the theft of approximately $1.5 billion in virtual assets from cryptocurrency exchange Bybit this month, the US's Federal Bureau of Investigation said on Thursday. The agency said it refers to this specific North Korean malicious cyber activity as "TraderTraitor",