Chain Articles > Blog > Coinbase > FBI confirms North Korean ‘TraderTraitor’ to blame for $1.5 billion Bybit hack

FBI confirms North Korean ‘TraderTraitor’ to blame for $1.5 billion Bybit hack

posted on Jul. 16, 2026 at 6:56 pm

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According to the FBI, TraderTraitor has been rapidly converting stolen Bybit assets to bitcoin and other assets via multiple blockchains.

Felicity ShortJuly 16, 2026

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