The FBI has officially linked the $1.4 billion cryptocurrency heist at Bybit to North Korean state-sponsored hackers after security researchers reached the same conclusion. The agency alleges that the infamous North Korean hacking group Lazarus is behind the hack.

Dubai-based cryptocurrency exchange Bybit Technology Ltd. has been hacked, with some $1.5 billion in cryptocurrency stolen in what is believed to be the largest single theft in cryptocurrency history.

According to Bybit's holdings, that amounts to $1.5 billion in cryptocurrency that was stolen from Bybit and its customers, making this the largest ever cryptocurrency theft. However, as Molly White of Web3IsGoingGreat points out, the hacker can't exactly cash out $1.5 billion in Ethereum, because an amount that high would crash the value of ETH.