2025-02-21 · 2025-Q1
Bybit $1.5B Cryptocurrency Heist
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Target
Bybit exchange / Safe{Wallet}
Impact
$1.5B in Ethereum stolen; largest crypto theft in history; part of $2.02B DPRK total in 2025
Root Cause
Social engineering of Safe{Wallet} developer; dormant malware activated during legitimate transaction