💨 Abstract

The FBI has accused North Korea of stealing approximately $1.5 billion in virtual assets from cryptocurrency exchange ByBit, referring to this as "TraderTraitor." The stolen assets have been converted to bitcoin and other virtual currencies and are expected to be further laundered and converted to fiat currency. ByBit reported that an attacker gained control of an ether wallet and transferred the holdings to an unidentified address.

Courtesy: theprint.in

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