According to Decrypt, U.S. federal prosecutors announced on Monday that four North Korean nationals impersonated remote developers to infiltrate an Atlanta blockchain startup and steal nearly $1 million in cryptocurrency. The agents are alleged to have operated in the UAE before infiltrating U.S. and Serbian cryptocurrency companies as remote IT workers. After gaining trust, they stole funds twice in 2022, amounting to $175,000 and $740,000, and laundered money using fake identity documents through mixers and exchanges.
The Department of Justice has coordinated a campaign across 16 states to seize 29 financial accounts, 21 fraudulent websites and about 200 computers supporting North Korean IT programmes, a tactic of infiltration that security experts warn has become "standard operating procedure" for North Korean cyber operations, exploiting loopholes in the remote working culture of the crypto industry to raise money for its weapons programmes.
North Korean hackers posing as developers infiltrated U.S. cryptocurrency companies to steal nearly a million dollars
2025-07-01 04:44:42
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