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North Korea steals $1.5bn as it pulls off world’s biggest ever heist (www.aol.com)

submitted 5 months ago by Domino to c/world@quokk.au

69 comments fedilink hide all child comments

The hackers stole more cryptocurrency in one attack than all the funds stolen by North Korean cyber criminals in 2024, when the rogue state’s cyber attackers made off with around $1.3bn in digital coins, according to cryptocurrency analysts Chainalysis.

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[–] GenosseFlosse@feddit.org 37 points 5 months ago (1 children)

Isn't it only worth 1.5 billion if you manage to sell it? How would you liquidate this much crypto?

[–] nomy@lemmy.zip 42 points 5 months ago

Launder it and slowly sell it off through sock puppets.

They're a nation-state level actor, they have significant resources of their own and solid ties to both China and Russia, who are even more skilled and have even more resources.