Millions of dollars in cryptocurrency, allegedly earned by North Korean IT workers using stolen U.S. identities, now sit frozen as part of a sweeping U.S. forfeiture action aimed at dismantling a sophisticated sanctions-evasion network. The Department of Justice (DOJ) revealed this latest seizure reportedly as part of its ongoing efforts to disrupt illicit revenue streams…
North Korean hackers reportedly established seemingly legitimate companies on U.S. soil to infiltrate the crypto sector, targeting unsuspecting developers through fake job offers. With legal registrations, corporate fronts, and social engineering, the attackers concealed their true identities behind American business facades to deliver malware until the FBI stepped in, according to security firm Silent Push,…
On Thursday, the infamous Lazarus Group, a cybercrime unit linked to North Korea, transferred approximately 61 BTC from its digital reserves. This activity leaves the collective with 13,441 BTC, equivalent to $1.15 billion, solidifying its position as a dominant force in state-backed cryptocurrency holdings. Lazarus Adjusts Stockpile, Retains North Korea’s Third-Place Government Ranking Four days…
Advertisement     Lazarus Group, hackers from North Korea, created a new campaign, targeting crypto developers through NPM repositories. They introduced 6 repositories, that would appeal to crypto developers, and added malware, to create backdoors, infiltrate projects, and steal credentials. The hacking group would use BeaverTail, a malware package, to execute a hidden file…
Indian authorities have arrested Aleksej Besciokov, the co-founder of the Russian cryptocurrencyA cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Unlike traditional currencies issued by central banks, cryptocurrencies operate on de… exchange Garantex, which has been accused of facilitating illicit financial transactions. Besciokov was detained in Thiruvananthapuram following a…
The latest data from blockchain tracking platforms reveals that the entity behind the Bybit exploit has relocated 230,645.05 ETH (valued at $497.4 million) across multiple transactions completed during a four-day window. This calculated redistribution of ether, executed with methodical precision, highlights both the scale of cryptographic wealth movement. Bybit Hackers Scatter Ether Stash Across Multiple…
One of the Largest Hacks in CryptocurrencyA cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Unlike traditional currencies issued by central banks, cryptocurrencies operate on de… History On February 21, 2025, Bybit, one of the world’s leading cryptocurrencyA cryptocurrency is a digital or virtual form of currency that uses…
Last week, CoinDesk’s Sam Kessler reported that developers and IT workers employed by the Democratic People’s Republic of Korea – i.e. North Korea – had managed to get themselves hired by a number of crypto projects, giving them two different ways of raising funds for the national regime. Source link
Overall, ‘crypto’ crime may be on the decline, but certain criminals are making out like bandits, particularly those from North Korea. Last month, blockchain data analysts Chainalysis released two summaries of its most recent crypto crime mid-year update, showing a mixed bag on how criminals continue to utilize blockchain technology to further their illicit aims….
ZachXBT flags 7 additional wallets with $61M in Bitcoin connected to North Korea’s Lazarus Group. On April 29, ZachXBT detailed how the state-backed hacker group laundered $200 million from over 25 hacks since 2020. Currently, the crypto wallets detected by the investigator still hold the flagged amounts. ZachXBT has taken to X (formerly Twitter) to…