North Korean Hackers Suspected in $351 Million Crypto Theft, Largest So Far This Year

North Korean hackers are suspected of carrying out a $351 million theft from cryptocurrency exchange Bitget, making it the largest crypto heist so far this year, according to a report by TechCrunch.

The theft is the latest in a string of high-profile hacks targeting the cryptocurrency sector, the report said, underscoring continued vulnerabilities at exchanges handling large volumes of digital assets.

North Korean state-linked hacking groups have been repeatedly implicated by researchers and government agencies in large-scale cryptocurrency thefts in recent years, with stolen funds often suspected of supporting the country's weapons programs, though the report did not detail the specific evidence linking this incident to North Korea.

The report did not specify how Bitget or other authorities plan to respond to the theft or whether any funds have been recovered.