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The FBI said in its Bybit notice that TraderTraitor actors had converted some of the stolen assets to Bitcoin and other virtual assets dispersed across thousands of addresses on multiple blockchains, and that further laundering was expected.

This line is our short summary of the quote below. The quote is the evidence.

OfficialcomparisonStatement 792

TraderTraitor actors are proceeding rapidly and have converted some of the stolen assets to Bitcoin and other virtual assets dispersed across thousands of addresses on multiple blockchains. It is expected these assets will be further laundered and eventually converted to fiat currency.

Speaker
Federal Bureau of Investigation (FBI)
Publisher
FBI IC3 (Government)
Original
Internet Crime Complaint Center (IC3) | North Korea Responsible for $1.5 Billion Bybit Hack
Captured
Stored copy
sha256 871b8d96395b
Event time

Other statements from the same source

OfficialcomparisonStatement 793

The FBI said in its Bybit notice that the Ethereum addresses it lists are holding or have held assets from the theft and are operated by or closely connected to North Korean TraderTraitor actors.

The following Ethereum addresses are holding or have held assets from the theft, and are operated by or closely connected to North Korean TraderTraitor actors:

Speaker
Federal Bureau of Investigation (FBI)
Publisher
FBI IC3 (Government)
Original
Internet Crime Complaint Center (IC3) | North Korea Responsible for $1.5 Billion Bybit Hack
Captured
Stored copy
sha256 871b8d96395b
Event time
OfficialcomparisonStatement 791

The FBI said in its 26 February 2025 Bybit notice that it refers to this North Korean malicious cyber activity as TraderTraitor.

FBI refers to this specific North Korean malicious cyber activity as "TraderTraitor

Speaker
Federal Bureau of Investigation (FBI)
Publisher
FBI IC3 (Government)
Original
Internet Crime Complaint Center (IC3) | North Korea Responsible for $1.5 Billion Bybit Hack
Captured
Stored copy
sha256 871b8d96395b
Event time
OfficialcomparisonStatement 790

The FBI said in a public service announcement dated 26 February 2025 that North Korea was responsible for the theft of approximately $1.5 billion in virtual assets from the exchange Bybit on or about 21 February 2025.

The Federal Bureau of Investigation (FBI) is releasing this PSA to advise the Democratic People's Republic of Korea (North Korea) was responsible for the theft of approximately $1.5 billion USD in virtual assets from cryptocurrency exchange, Bybit, on or about February 21, 2025.

Speaker
Federal Bureau of Investigation (FBI)
Publisher
FBI IC3 (Government)
Original
Internet Crime Complaint Center (IC3) | North Korea Responsible for $1.5 Billion Bybit Hack
Captured
Stored copy
sha256 871b8d96395b
Event time