North Korean Hackers Steal $2 Billion in Cryptocurrency in 2025
Updated: 19.03.2026 19:08
· First: 07.10.2025 20:02
· 📰 6 src / 9 articles
North Korean state-sponsored hackers, primarily the Lazarus Group and its Bluenoroff (APT38) subgroup, continue to aggressively target cryptocurrency-adjacent entities to fund the regime’s illicit activities. As of March 2026, confirmed thefts in 2025 exceeded $2 billion, with cumulative losses since 2017 surpassing $6.75 billion. Recent attacks now include e-commerce platforms like Bitrefill, where North Korean operators compromised employee devices to steal cryptocurrency and gift-card inventory. Investigations increasingly reveal sophisticated persistence, cross-chain laundering, and multi-vector social engineering, alongside new enforcement actions targeting facilitators in the U.S. Prior milestones include the record-setting Bybit breach in February 2025 ($1.5B), multiple exchange compromises (e.g., Upbit, BitoPro), and the conviction of five individuals for aiding North Korean IT worker fraud schemes that generated over $2.2M for the regime. North Korean hackers also continue to refine laundering pathways—employing mixers, bridges, obscure blockchains, and custom tokens—over approximately 45-day cycles. U.S. authorities have sought forfeiture of $15M in stolen crypto linked to APT38 and are dismantling ancillary networks used to funnel revenue to Pyongyang.