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

On-chain analyst Darkfost reported on November 1 that North Korean hacking group Lazarus has cumulatively stolen $11.87 billion in crypto assets, a figure that now includes the recent Binance hack — the largest single attack attributed to the group to date. Citing 2025 economic data from the Bank of Korea, Darkfost noted the stolen total equals roughly 45% of North Korea's GDP and 35% of its gross national income. The analyst cautioned that some stolen funds were lost during subsequent money-laundering efforts, so the cumulative figure overstates what the group actually retained. The tally underscores the scale of state-linked crypto theft and its macroeconomic significance relative to North Korea's economy. Watch for further fund tracing and laundering activity tied to the Binance breach, as well as updated theft totals from on-chain researchers.