North Korean Hackers Suspected in $351M Crypto Heist

North Korean hackers are suspected of stealing more than $351 million from cryptocurrency exchange Bitget during a cyberattack on Thursday. The breach is the largest known heist of digital currency this year, eclipsing a $340 million hack in September that saw the hacker returning all but $47 million of the stolen funds.

According to Bitget chief executive Gracy Chen, the breach and heist were 'highly consistent with known patterns of North Korean hacker organizations'. These collectives have been linked to crypto thefts and are suspected of targeting open-source software to mass-hack victims with the aim of funding the country's nuclear weapons program.

The cyberattack is the latest in an ongoing spate of high-profile hacks targeting the crypto sector. TRM Labs estimates that North Korea is behind around three-quarters of all crypto thefts during 2026 to date.