North Korean hackers set a record in 2025 by stealing $2 billion in cryptocurrency; 45-day money laundering scheme exposedBlockchain analysis firm Chainalysis's latest report reveals that North Korea-linked hackers stole at least $2 billion in cryptocurrency in 2025, setting a record high and representing a 51% year-over-year increase, with their total stolen amount reaching $6.75 billion. The attack patterns are characterized by "small but precise" operations; despite a decrease in the number of incidents, each attack is massive, with 76% of service-layer attacks attributed to them. The $1.4 billion vulnerability incident at Bybit in March was a major driver.
The report systematically depicts North Korean hackers' unique money laundering pathways for the first time: relying on Chinese service providers and mixers, following a typical 45-day fund laundering cycle. This marks the emergence of a "super threat" in the cryptocurrency industry—state-sponsored, highly organized, and well-funded—posing unprecedented challenges to the security, protection, and compliance collaboration of global exchanges and protocols.
MarketWhisper·12m ago