The FBI referred to the attack as “TraderTraitor,” a malicious campaign linked to North Korean state-sponsored hackers the Lazarus Group.

Cryptocurrency exchange Bybit said last week hackers had stolen digital tokens worth around $1.5 billion, in what researchers called the biggest crypto heist of all time.

North Korean hackers have stolen $1.5 billion in cryptocurrency in a single heist, making it the largest crypto hack on record, security experts told CNN.

Cybersecurity researchers quickly concluded that the era of giant digital-asset heists had entered a new and potentially ruinous phase following the theft.

North Korea is behind the massive crypto hack, according to several blockchain monitoring firms and a well-known researcher

Researchers spot the $1.4 billion stolen from Bybit moving through cryptocurrency wallets that were used in earlier heists attributed to North Korea's Lazarus hacking group.

Bybit hack update: the exchange recovered $600M in ETH from Mirana Ventures after a $1.5B loss, restoring liquidity and operations.

North Korean hackers took just two minutes to make off with $1.5bn (£1.2bn) in cryptocurrency, cyber security researchers believe, in the single biggest heist in history.

Bybit clients withdrew almost $4 billion within two days of the attack; the company recovered just 3% of the total of the stolen crypto assets