News
An Arizona woman was sentenced to 8.5 years for aiding DPRK hackers in infiltrating over 300 US crypto and tech firms, generating $17 million of illicit gains.
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North Korea News
North Korea, officially the Democratic People’s Republic of Korea, is an East Asian country on the Korean Peninsula. North Korea’s population is over 25 million people, 1.21 million of which are active-duty soldiers. North Korea is under the rule of its leader Kim Jong-un, who is considered to have the most human rights violations in the contemporary world. North Korean laws made its economy heavily nationalized, which even led to a refusal of a taxation system. North Korean Bitcoin policies are yet to be officially established as their nationalized economy, closed borders, anti-human mobility laws and censorship of the internet all make it extremely hard for North Koreans to have some use for Bitcoin. Cryptocurrencies, as a money without central authority and high anonymity, violate North Korean laws that were not established specially for blockchain-based technologies, but previous laws crafted for other purposes.
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The Tornado Cash co-founder’s legal team argued he “had nothing to do” with hackers using the crypto mixing service as his criminal trial kicked off.
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The Venn Network team suspects the threat was linked to the North Korean Lazarus Group, citing its complexity and widespread deployment.
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TRM Labs said North Korea is moving away from hacks to focus more on deception-based revenue generation, such as planting IT workers in US companies.
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Four North Koreans posed as remote developers for US and Serbian blockchain firms, stealing almost $1 million in crypto to fund the regime’s illicit programs.
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North Korean threat actors have been deploying malware through fake crypto job sites, targeting blockchain professionals to steal wallet credentials, Cisco Talos says.
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The stablecoin giant froze over $12.3 million worth of funds, pointing to potential illicit activity or AML violations.
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The Justice Department has filed a civil forfeiture complaint to seize crypto and NFTs allegedly tied to laundering efforts by North Korea.
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The analysis by the BitMEX security researchers revealed amateur-level operational security lapses in the Lazarus Group’s hacker network.
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Bloomberg reports that North Korea's crypto hacks and cyber attacks could be put up for discussion at next month's G7 summit in Alberta, Canada.
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A North Korean crypto spy revealed more than he should have in a dummy interview set up as part of a sting operation.
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The US Treasury has proposed cutting the Huione Group's access to the US banking system, accusing it of being involved in laundering crypto.
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Kraken says a North Korean actor applied for a tech job at the crypto exchange but foiled their plan after a tip-off from industry partners.
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Crypto hackers have already surpassed the $1.49 billion stolen during 2024, according to Immunefi’s latest research.
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Silent Push senior threat analyst Zach Edwards says the FBI has since shut down at least one of the companies.
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