{"id":153117,"date":"2025-02-27T09:12:31","date_gmt":"2025-02-27T08:12:31","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/fbi-says-north-korea-masterminded-1-5bn-crypto-theft-from-bybit"},"modified":"2025-02-27T23:15:40","modified_gmt":"2025-02-27T22:15:40","slug":"fbi-says-north-korea-masterminded-1-5bn-crypto-theft-from-bybit","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/fbi-says-north-korea-masterminded-1-5bn-crypto-theft-from-bybit","title":{"rendered":"FBI says North Korea masterminded $1.5bn crypto theft from Bybit"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Federal Bureau of Investigation, FBI, has accused North Korea of orchestrating the hack of Bybit, the world\u2019s second-largest crypto exchange by trading volume.<\/p>\n

The agency declared that DPRK coordinated the theft of approximately $1.5 billion USD in virtual assets from the cryptocurrency company, which serves more than 50 million users.<\/p>\n

The cyber attack occurred on or about February 21; the FBI identified the specific North Korean malicious activity as \u201cTraderTraitor.\u201d<\/p>\n

The FBI said the actors have converted some of the stolen assets to bitcoin and other virtual assets dispersed across thousands of addresses on multiple blockchains.<\/p>\n

\u201cIt is expected these assets will be further laundered and eventually converted to fiat currency,\u201d the public service announcement added.<\/p>\n

The statement advised private sector entities and other virtual asset service providers to block transactions with or derived from addresses TraderTraitor are using.<\/p>\n

The PSA further listed dozens of Ethereum addresses holding or have held assets from the theft, and are operated by or connected to the hackers.<\/p>\n

For More News And Analysis About Nigeria<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Federal Bureau of Investigation, FBI, has accused North Korea of orchestrating the hack of Bybit, the world\u2019s second-largest crypto exchange by trading volume. The agency declared that DPRK coordinated the theft of approximately $1.5 billion USD in virtual assets from the cryptocurrency company, which serves more than 50 million users. The […]<\/p>\n","protected":false},"author":84,"featured_media":153116,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[3471,254,16049],"class_list":["post-153117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-fbi","tag-nigeria","tag-north-korea"],"yoast_head":"\nFBI says North Korea masterminded $1.5bn crypto theft from Bybit - Nigeria<\/title>\n<meta name=\"description\" content=\"The Federal Bureau of Investigation, FBI, has accused North Korea of orchestrating the hack of Bybit, the world\u2019s second ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/fbi-says-north-korea-masterminded-1-5bn-crypto-theft-from-bybit\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBI says North Korea masterminded $1.5bn crypto theft from Bybit\" \/>\n<meta property=\"og:description\" content=\"The Federal Bureau of Investigation, FBI, has accused North Korea of orchestrating the hack of Bybit, the world\u2019s second ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/fbi-says-north-korea-masterminded-1-5bn-crypto-theft-from-bybit\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-27T08:12:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-27T22:15:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/02\/sm_1740635072.22599.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"874\" \/>\n\t<meta property=\"og:image:height\" content=\"656\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/fbi-says-north-korea-masterminded-1-5bn-crypto-theft-from-bybit#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/fbi-says-north-korea-masterminded-1-5bn-crypto-theft-from-bybit\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"FBI says North Korea masterminded $1.5bn crypto theft from Bybit\",\"datePublished\":\"2025-02-27T08:12:31+00:00\",\"dateModified\":\"2025-02-27T22:15:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/fbi-says-north-korea-masterminded-1-5bn-crypto-theft-from-bybit\"},\"wordCount\":185,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/fbi-says-north-korea-masterminded-1-5bn-crypto-theft-from-bybit#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/02\/sm_1740635072.22599.jpg\",\"keywords\":[\"FBI\",\"Nigeria\",\"North Korea\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/fbi-says-north-korea-masterminded-1-5bn-crypto-theft-from-bybit#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/fbi-says-north-korea-masterminded-1-5bn-crypto-theft-from-bybit\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/fbi-says-north-korea-masterminded-1-5bn-crypto-theft-from-bybit\",\"name\":\"FBI says North Korea masterminded $1.5bn crypto theft from Bybit - 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