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North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack
Hackers from the infamous Lazarus Group are in a cat-and-mouse game to launder their stolen funds from the ByBit heist.
The criminals, known as Lazarus Group, swiped the huge haul of digital tokens in a hack on crypto exchange ByBit two weeks ago. "Every minute matters for the hackers who are trying to confuse the money trail and they are extremely sophisticated in what they're doing," says Dr Tom Robinson, co-founder of crypto investigators Elliptic. The US and allies accuse the North Koreans of carrying out dozens of hacks in recent years to fund the regime's military and nuclear development.
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