$21M Stolen in Suspected North Korean Hack on SBI Crypto

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On September 24, 2025, blockchain sleuth @zachxbt uncovered suspicious outflows from addresses tied to SBI Crypto. Around $21 million drained across Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash. The funds quickly moved through five instant exchanges before landing in Tornado Cash. Several red flags match tactics seen in prior DPRK-linked heists. SBI Crypto Hit SBI Crypto runs as a mining pool and exchange arm under Japan’s SBI Group, a listed financial powerhouse. Despite the scale, the company has yet to issue a public disclosure on the attack. The timeline adds to confusion. While outflows flagged on September 24, the company

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