The hackers stole more cryptocurrency in one attack than all the funds stolen by North Korean cyber criminals in 2024, when the rogue state’s cyber attackers made off with around $1.3bn in digital coins, according to cryptocurrency analysts Chainalysis.

  • you wouldn’t be able to do the above with a bank. They’d just make the transaction not to have happened.

    No, in almost all cases they simply create another transfer to reverse it. If another bank is involved, they typically pay a fee to that bank to do it.

    Source: I work in fintech. I’ve seen plenty of messes the banks clean up this way.