After the Bybit hack, the Lazarus Group, a hacker organization linked to the North Korean government, converted the stolen funds into BTC. They now control 13,518 BTC worth $1.12 billion!
This move has pushed North Korea into the top 5 largest Bitcoin holders, surpassing El Salvador and Bhutan. However, North Korea is not officially listed in country rankings
Hackers continue accumulating crypto, while regulators tighten their grip