Cryptocurrency buyers should be prepared for more and bigger threats after North Korea’s recent robbery of close to $1.5 billion of cryptocurrency from crypto exchange Bybit. That’s just one of the implications of a study appearing in the February 2025 issue of the Quarterly Journal of Economics.

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.

Industry Leaders Applaud Bybit’s Crisis Response. Despite the catastrophic loss, Bybit’s handling of the crisis has been widely praised.