EP. 79 | North Korea’s Cyber Army: How Hackers Stole $1.5B and What Comes Next with Jean Lee and Nick Carlsen
Update: 2025-03-26
Description
North Korea just executed the biggest crypto heist in history, stealing USD 1.5 billion from Bybit. But how did they do it? And can they be stopped? On this episode of TRM Talks, Jean Lee (The Lazarus Heist) and Nick Carlsen (TRM Labs, Former FBI) join Ari to break down:
- The making of a cyber army — how North Korea recruits and trains hackers from childhood
- The Bybit hack step by step — from infiltration to laundering strategies
- The role of Chinese money laundering networks in enabling illicit finance
- What governments and public-private partnerships can do to disrupt these operations
With cybercrime and national security threats on the rise, this is a conversation you can’t afford to miss.
Today’s Guests
Jean Lee, Journalist and Presidential Chair, East-West Center
Nick Carlsen, Senior Investigator, TRM Labs
Host: Ari Redbord, Global Head of Policy, TRM Labs
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