North Korean Hackers Convert 417,348 Ethereum Worth $1,000,000,000 Into Bitcoin Mostly via THORChain: Bybit CEO

{"id":"https://dailyhodl.com/?p=320976","title":"North Korean Hackers Convert 417,348 Ethereum Worth $1,000,000,000 Into Bitcoin Mostly via THORChain: Bybit CEO","primaryLink":"https://dailyhodl.com/2025/03/04/north-korean-hackers-convert-417348-ethereum-worth-1000000000-into-bitcoin-mostly-via-thorchain-bybit-ceo/","links":["https://dailyhodl.com/2025/03/04/north-korean-hackers-convert-417348-ethereum-worth-1000000000-into-bitcoin-mostly-via-thorchain-bybit-ceo/"],"updatedOn":"0001-01-01 00:00:00Z","publishDate":"2025-03-04 19:41:04Z","summary":"

The CEO of the recently hacked crypto exchange Bybit says that North Korean hackers have converted 417,348 stolen Ethereum (ETH) into Bitcoin (BTC). According to Bybit CEO Ben Zhou, North Korean state-sponsored hackers stole approximately $1.4 billion in ETH from Bybit, bridging a significant portion of the assets to Bitcoin. Says Zhou, “Total hacked funds […]

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The post North Korean Hackers Convert 417,348 Ethereum Worth $1,000,000,000 Into Bitcoin Mostly via THORChain: Bybit CEO appeared first on The Daily Hodl.

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