
South Korea crafts bill to freeze North Korea crypto assets
North Korea has been linked to various high profile crypto crimes.
Reports on sanctions, cybercrime, and alleged state-linked hacks targeting digital assets.
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North Korea has been linked to various high profile crypto crimes.

The FBI has linked North Korea-backed hackers to several crypto thefts of this year.

The affected crypto companies remain unidentified.

N. Korean hackers employ thousands of shadow workers that pose as recruiters or potential employees to infiltrate crypto firms.

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.
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