this post was submitted on 25 Feb 2025
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North Korea steals $1.5bn as it pulls off world’s biggest ever heist (www.aol.com)
submitted 1 day ago by [email protected] to c/[email protected]
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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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[–] [email protected] 33 points 23 hours ago (1 children)

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

[–] [email protected] 34 points 22 hours 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.