North Korea faces South Korean sanctions targeting crypto hackers and IT operatives
South Korea has imposed sanctions on North Korean crypto hackers and IT workers to prevent the country from funding its weapon programs through cybercrime. South Korea’s sanctions South Korea imposed sanctions on North Korea due to crypto hackers and IT workers.
North Korea Blamed for May's $305M Hack on Japanese Crypto Exchange DMM
Japanese police and U.S. agencies said the attack was "affiliated" with TraderTraitor, which is characterized by social engineering.
North Korea-linked hackers accounted for 61% of all crypto stolen in 2024
Alongside the rising adoption and value of crypto assets, theft is also on the rise. This year, the total value of cryptocurrency stolen surged 21%,
South Korea Government Sanctions North Korean Hackers Over $1.3B Crypto Theft
South Korea has sanctioned many individuals for their involvement in crypto theft and support of North Korea's military activities.
US and Japan Blame North Korea for $308m Crypto Heist
Japan alert attributed North Korean hackers with a May 2024 crypto heist worth $308m from Japan-based company DMM
South Korea Teams Up With US To Combat Crypto Heists and Efforts of North Korean-Linked Hackers: Report
The United States and South Korea are reportedly partnering in a joint research initiative aimed at strengthening protections against the theft of crypto assets.
It's been a huge year for criminals stealing cryptocurrency - and North Korea was largely to blame
More than $2.2 billion worth of cryptocurrency was stolen from crypto platforms throughout 2024 as theft of the decentralized money continues to rise, new research has claimed. The latest review from Chainalysis found theft rates are up 21%, with the number of hacks increasing from 282 incidents in 2023 to 303 in 2024.
North Korean Hackers Stole $1.3 Billion in 2024
North Korea hackers managed to steal $1.3 billion worth of crypto assets in 2024, according to a new report from Chainalysis.
U.S. Shuts Down North Korean Crypto Money Laundering Network
The U.S. Treasury Department on Tuesday said it had shut down a North Korean money laundering network that used crypto to clean millions of dollars for the hermit kingdom, a global leader in crypto crime.
Authorities say North Korean hackers responsible for $308M Bitcoin theft in Japan
Japan's National Police Agency said on Tuesday that the hacker group TraderTraitor, which is based in North Korea, is likely responsible for a May hack that allowed $308 million in Bitcoin to be taken
North Korean Hackers Steal $308M in Bitcoin from DMM Bitcoin
Authorities from Japan and the United States have identified North Korean cyber actors as the culprits behind the theft of $308 million worth of cryptocurrency from DMM Bitcoin in May 2024. This cyber heist was officially attributed to North Korean-linked TraderTraitor threat activity,
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XRP tanks in South Korea, affecting global markets as lawmakers impeach acting president Han Duck-soo
South Korea’s ongoing political upheaval continues to derail its economy and crypto markets. XRP and the local currency, the ...
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South Korea Sanctions North Korean Individuals and Entity Over Crypto Heists
The South Korean government has imposed sanctions on 15 individuals and one entity from North Korea for engaging in illicit ...
South Korea, US team up to craft new strategies against North Korean crypto heists: report
US and South Korea team up to tackle $1.6 billion in North Korean crypto thefts, focusing on tracking and preventing fund ...
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(LEAD) S. Korea sanctions 15 N. Korean IT workers, 1 entity over illicit funding for nuclear, missile programs
South Korea said Thursday it will impose independent sanctions on 15 North Korean IT workers and one entity over their roles ...