Moody’s Talks: Risk Reframed · 2025-08-13 · 48 min
How does one crypto transaction spiral into a $1.5 billion cybercrime? The Bybit heist. This wasn’t just the largest crypto theft in history - it was a criminal feat of deception that exposed how even sophisticated systems can be breached when fraud, cybersecurity, and human oversight don’t align. In this episode, we are excited to welcome returning guest Geoff White, investigative journalist and creator of The Lazarus Heist podcast, to join host, Alex Pillow , in examining one of the most audacious crypto thefts to-date. How did hackers executed the largest crypto theft in history while making operations seem normal from the inside? Tactics used in the heist and the broader implications of money laundering in the crypto space The impact of remote work on verifying employee legitimacy and protecting organizational value What the aftermath of money laundering looks like for victims - can stolen crypto ever be recovered?
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