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North korea's cyber crime wave: $2 billion crypto theft in 2025

North Korean Hackers | $2 Billion Crypto Heist | More Attacks Ahead

By

Fatima Al-Nasser

Oct 8, 2025, 04:41 PM

Edited By

Tomoko Sato

2 minutes estimated to read

A group of masked hackers working on computers surrounded by digital currency symbols, showing a high-tech cybercrime atmosphere.

Cybersecurity experts raise alarms as North Korean hackers reportedly stole over $2 billion in cryptocurrency throughout 2025. The funds came from an escalating number of cyberattacks targeting crypto exchanges and affluent individuals. As concerns grow, industry leaders are questioning the implications of such actions.

Massive Theft

According to insights from blockchain analytics firm Elliptic, this year marks the highest annual total for North Korean cryptocurrency theft. The criminals executed more than 30 attacks, primarily leveraging social engineering techniques.

"Stealing crypto is probably NK's main economic income atp," noted a concerned commentator.

This theft surpasses the previous record of $1 billion set in 2022. North Korea has reportedly accumulated around $6 billion through thefts since 2017, with many incidents likely remaining unreported.

Why Are They Targeting Crypto?

Experts believe that the rise in attacks is tied to the increasing value of cryptocurrency and its decentralized nature. The ability to execute such hacks without immediate physical presence makes crypto a lucrative target.

With one commenter revealing suspicion toward U.S. involvement, asking why fingers are always pointed at North Korea, it's clear this issue runs deeper than simple attribution of blame.

"Because in normal countries stealing would be a crime"

What’s Next?

As we approach the end of 2025, analysts predict these cyberattacks will persist, driven by North Korea's need for funding due to international sanctions. The sentiment in online forums indicates a collective unease, with some claiming that hackers remain one step ahead.

Key Takeaways:

  • Over 30 cyberattacks occurred in 2025, leading to a record $2 billion theft.

  • Experts believe North Korea's motivations tie closely to funding its economy amidst sanctions.

  • Commentators express doubt over the narrative surrounding North Korea, questioning true actors in these hacks.

Is there a limit to these cybercrimes, or will hackers continue to find innovative ways to breach security? The conversation is ongoing, and many are left wondering what moves will come next.

Looking Ahead in Cybersecurity Threats

There’s a strong chance that North Korean cyberattacks will keep escalating in 2026, as experts estimate that the country will continue targeting the cryptocurrency sector. With more than 30 major attacks this year alone, a predicted increase in breaches could lead to heightened security for crypto exchanges and affluent individuals. The probability of continued theft increases as North Korea seeks to fund its economy under strict international sanctions. Moreover, the sophistication of these hackers suggests they may refine their techniques, potentially leading to more successful operations in the future.

Echoes of the Past: The Digital Gold Rush

Consider this situation like the California Gold Rush of the mid-1800s, where prospectors flocked to California seeking untold wealth. Just as those miners faced both the thrill of discovery and harsh repercussions from law and order, today’s crypto landscape draws both ambition and opportunistic criminals. The rush to cryptocurrencies has fostered an environment ripe for exploitation, triggering modern-day conflicts over regulation and security that parallel the historical skirmishes over mining rights. Just as the Gold Rush altered America’s economy, today’s digital heists are likely to shape the future of financial security and international relations in unforeseen ways.