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The Independent UK

Technology

Anthony Cuthbertson

How North Korea pulled off the biggest heist in history

Bybit Lazarus North Korea Lazarus Group Crypto Elliptic Ben Zhou the Lazarus Group blockchain Ledger

The Lazarus Group, operating out of North Korea, is believed to be behind the theft of $1.46 billion worth of cryptocurrency from the leading exchange Bybit - (Getty Images)

Just after 2pm last Friday, a notorious group of hackers – responsible for some of the worst cyber crimes of the 21st century – pulled off what may well be their magnum opus.

In the space of just a few minutes, approximately $1.46 billion worth of digital currency was stolen from Bybit, one of the world's most popular crypto exchanges, and funnelled across the internet to anonymous wallets. It marked the biggest heist in history.

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