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Analyst: Lazarus has stolen a cumulative $11.87 billion in crypto assets, equivalent to 45% of North Korea's GDP

2026-11-01 16:44

TechFlow reported on November 1 that, according to on-chain analyst Darkfost, the total amount of crypto assets stolen by North Korean hacker group Lazarus has reached $11.87 billion following the recent Binance hack.

Darkfost noted that, based on 2025 economic data released by the Bank of Korea, the amount equals 45% of North Korea's gross domestic product (GDP) and 35% of its gross national income (GNI).

The recent Binance theft is the largest attack attributed to Lazarus by value to date. However, some of the stolen funds were lost during subsequent money laundering, so the cumulative amount stolen does not equal the funds actually obtained by the group.

Source: TechFlow