🔐 North Korea Stole Billions in Crypto in 2025: Report 📑
North Korea has once again shattered its own record in cryptocurrency theft. According to new research by blockchain intelligence firm Chainalysis, the country stole $2.02 billion in crypto assets in 2025, marking the second consecutive year of record-breaking cyber theft.
📊 Key Findings
In 2024, North Korea stole $1.3 billion — a figure it has now far surpassed.
Total crypto stolen by North Korea so far is estimated at $6.75 billion.
Globally, crypto theft surged to $3.4 billion in 2025.
💥 Major Heist: Bybit Hack
A significant portion of the stolen funds came from a February hack of Dubai-based crypto exchange Bybit.
About $1.5 billion, mostly in Ethereum, was stolen.
The U.S. Secret Service linked the attack to North Korea’s elite state-backed hacking unit.
🕵️ How It Works
Chainalysis and other firms track crypto flows, helping trace hacked funds even as criminals attempt to launder them. However, crypto’s structure makes recovery difficult:
Funds are stored in wallets accessed via passkeys
Once stolen, assets can be quickly transferred and rarely reversed
⚠️ Why North Korea?
Under heavy international sanctions, North Korea is accused by the UN and security experts of using cybercrime to fund nuclear and missile programs.
Some hackers reportedly pose as remote tech workers at global firms, gaining insider access to steal credentials and move funds to Pyongyang.
🧠 Expert View
Security analysts say traditional deterrents no longer work. With few consequences left, North Korea is expected to continue exploiting crypto platforms, which remain highly lucrative targets despite strong security teams.
FOLLOW ME FOR MORE LATEST UPDATES AND INSIGHTS 🚀
THANKYOU 🙏
😎👇QUIZ &WIN👇😎 FOLLOW ME 👍
