North Korean hackers used shadow IT workers to carry out crypto heists
N. Korean hackers employ thousands of shadow workers that pose as recruiters or potential employees to infiltrate crypto firms.
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N. Korean hackers employ thousands of shadow workers that pose as recruiters or potential employees to infiltrate crypto firms.
Monika Ghosh 2 min read
OFAC sanctioned six addresses belonging to Kim Sang Man.
Since 2017, the North Korea-backed hackers stole $721 million from Japan — equating to 30% of their illicit wealth.
The accused allegedly laundered funds from exchange thefts and foreign workers.
Coin Center warns of the potential for US authorities to block, restrict, and ban entire asset classes — including cryptocurrency.
The group carries out phishing attacks, steals credentials, and relies on cloud mining.
Euler Labs warned its exploiter not to open the encrypted message under any circumstance, urging him to return the stolen funds.
Euler Labs CEO Michael Bentley tweeted on March 17 that the DeFi protocol's exploited lines of codes were previously audited.
The majority of $234 million stolen in the attack was already laundered. The recent movements involved funds that were dormant for 4.5 years.