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North Korea linked to $387.5 million Bitget hack in 2026, Mario Nawfal notes

North Korea linked to $387.5 million Bitget hack in 2026, Mario Nawfal notes
North Korea tied to major 2026 crypto thefts

Mario Nawfal, founder & CEO at IBC Group, reports that North Korea has stolen more than $1 billion in cryptocurrency in 2026 alone, suggesting that such actions appear to be part of a state-level business strategy.

He highlights the latest incident involving Bitget, a major crypto exchange, which reportedly lost around $387.5 million last week due to a cyberattack.

Nawfal has recently reported on mounting risks in several regions. He relayed a warning about the possible collapse of Iran's economy as oil deliveries to China come to an end in a previous update. Nawfal also covered concerns over depleted fuel price buffers following remarks from the Chevron CEO in a separate report.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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