Crypto's biggest hacks and heists:
Cryptocurrency exchange Bitget said that crypto worth roughly $350 million had been stolen from the platform ...
reuters.com/legal/government/cryptos-biggest-hacks-heists-2026-09-25/
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taking or attempting to take something of value by force or threat of force or by putting the victim in fear
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North Korean hackers suspected in $351M crypto theft, the largest so far this year
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theguardian.com/technology/2025/feb/23/crypto-exchange-seeks-bybit-ethereum-stolen-digital-wallet
Key FactsElliptic ranks Bybit hack as crypto industry’s largest theft
Feb 24, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: abc.net.au
Summary created with AI assistance · Source: abc.net.au
- The attack occurred during a routine Ethereum transfer from an offline cold wallet to a warm wallet, sending assets to an unknown address.
- Bybit estimates the stolen tokens’ value at nearly US$1.5 billion; Elliptic called it the industry’s largest theft.
- Elliptic, Arkham Intelligence and ZachBXT reportedly linked the attack to North Korea’s Lazarus Group; Bybit did not confirm those responsible.
- After the hack, Zhou said more than 350,000 withdrawal requests arrived and promised refunds even if the cryptocurrency was not recovered.
Bybit is solvent even if this hack loss is not recovered, all of clients assets are 1 to 1 backed, we can cover the loss,— Ben Zhou, Bybit CEO, in a post on X addressing customers after the hack
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