North Korean cybercriminals linked to $352M heist from crypto exchange Bitget

North Korean cybercriminals linked to $352M heist from crypto exchange Bitget

The theft — the largest in 2026 so far — pushes DPRK-linked crypto losses above $1B this year after several major heists

Shreyas Reddy September 25, 2026

A cryptocurrency market graph showing price fluctuations | Image: Rafael Minguet Delgado via

(Aug. 16, 2026)

North Korean cybercriminals are likely behind this year’s largest virtual heist so far, which resulted in the theft of $351.6 million from Seychelles-based cryptocurrency exchange Bitget, according to the head of the company.

After announcing on X that security systems had detected “unauthorized transfers” from internet-connected “hot wallets” at 6:31 p.m. UTC on Thursday, Bitget CEO Gracy Chen said during a live stream on Friday that analysis of blockchain and digital infrastructure showed behaviour consistent with North Korean actors.

“It’s the DPRK or some of their partners together, but we’ve identified some IP

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