North Korea’s Crypto Capers: $2.8B in Heist Hijinks! 🎩💰

What’s the What, What?

What jolly japes are these North Korean chaps up to?

“The release of this report is expected to draw greater international attention to North Korea’s ongoing violations of U.N. sanctions exposed through its crypto thefts and overseas IT operations, while underscoring the growing sophistication and risks of its cyber activities.” 🗣️📜

The Tactics, Old Bean

Apparently, these chaps are partial to Cambodian financial platforms like Huione Group and Huione Pay for laundering their ill-gotten gains. Quite the international operation, eh? 🌍💼

Further sleuthing reveals they’ve breached exchanges like Bybit (UAE), DMM Bitcoin (Japan), WazirX (India), and BingX and Phemex (Singapore). Talk about a global tour of mischief! 🌐🕵️‍♂️

And let’s not forget the 1,000-2,000 North Korean IT whizz-kids scattered across eight countries, sending half their earnings back home. Quite the family business, what? 👨‍💻✈️

These cyber groups have polished their act, using fake job interviews and AI tools like ChatGPT and DeepSeek. It’s enough to make one nostalgic for the good old days of simple con artistry. 🎭🤖

A Spot of Turbulence in 2025

AMBCrypto reported that crypto users had a bit of a rough August, with PeckShield tallying up $163 million in stolen assets. Dash it all, what a month! 💨💔

The biggest heist? Some poor soul lost 783 BTC to a social engineering scam involving fake hardware wallet support. The scoundrels then whisked the funds away via Wasabi Wallets. Crafty devils! 🦹‍♂️🔒

And let’s not forget Turkey’s BtcTurk, which lost a cool $48-54 million after hackers nabbed their hot-wallet keys. Rotten luck, that. 🇹🇷🔥

Read More

2025-10-24 13:16