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North Korea’s Lazarus Group Expands Crypto Holdings After Bybit Hack

March 18, 2025
The Lazarus Group, the North Korea-linked cybercrime organization, has surpassed El Salvador, Bhutan, and Finland in Bitcoin (BTC) holdings after converting stolen assets from the Bybit hack. Blockchain analytics firm Arkham Intelligence reported that the group behind the record-breaking $1.5 billion Bybit hack had converted the stolen Ether (ETH) into 13,518 BTC, valued at approximately