Incident All ledgers
SBI Crypto: $21.0m
SBI Crypto lost $21.0m on 24 September 2025. Ranked 130th of 1,272 crypto failures, with method, returned funds and comparable incidents.
- Date
- 24 September 2025
- Lost
- $21.0m
- Returned or repaid
- None recorded
- Target
- Other
- Category
- Key Compromise
- Method
- Hot Wallet Key Compromised
- Chains
- Bitcoin, Ethereum, Litecoin, Doge, BitcoinCash
About $21M in BTC, ETH, LTC, DOGE and BCH left SBI Crypto's hot wallets on September 24, 2025, passing through instant exchangers into Tornado Cash. An independent investigator and Cyvers tied the laundering pattern to DPRK-affiliated actors; SBI Group never publicly confirmed it.
Against the ledger
- It ranks 130th of the 1,272 incidents with a known loss, and 15th in 2025.
- It accounts for 18.9% of the $111.2m in known losses in September 2025.
- 153 incidents in the ledger are classified as Key Compromise, for $8.96bn in total. This one is 0.2% of that.
- The ledger records no returned funds.
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 14 Apr 2023 | Bitrue | $23.0m | CEX | Hot Wallet Key Compromised | — |
| 04 Jun 2024 | Lykke | $22.4m | CEX | Hot Wallet Key Compromised | — |
| 29 Aug 2021 | Bilaxy | $21.7m | CEX | Hot Wallet Key Compromised | — |
| 16 Nov 2024 | DEXX | $21.0m | Wallet | Private Key Compromised | — |
| 24 Oct 2024 | US Government Crypto Wallet | $20.0m | Other | Private Key Compromised | — |
All failures in 2025 · The failures ledger
Amounts are DefiLlama’s estimates and can change as incidents are revalued. Its returned figure can include money a company repaid itself, not only funds recovered from attackers. Source: DefiLlama.
Cite this Bitminer.io, “SBI Crypto, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/sbi-crypto-2025-09-24/. How this is built