The most well known North Korean crypto scammers, 'Lazarus Group' are estimated to have stolen over $3 billion in digital assets since 2017

Crypto Firms On High Alert As FBI Issues A PSA Warning Of Alarming Rise In ‘Complex’ Scams Carried Out By North Korea

The US Federal Bureau of Investigation (FBI) has issued a warning regarding the threat posed by North Korean cybercriminals toward the crypto industry. On Tuesday (Sеptеmbеr 3), thе FBI published a public service announcement, highlighting the “complеx аnd еlаborаtе” sociаl еnginееring schеmеs by North Korea that target employees in dеcеntrаlisеd finаncе (DеFi) аnd digital asset..

North Korea Hackers Source: Unsplash

North Korean Crypto Hackers Orchestrate Multiple Scams, High Profile Heists

The notorious North Korean hacking group, Lazarus, transferred stolen assets to a Cambodian financial company, Huione Pay, reported Reuters on 15 July 2024. The Phnom Penh-based firm has now been implicated in receiving over $150,000 in stolen cryptocurrency from a digital wallet linked to North Korean hackers. Furthermore, to steal confidential information and breach systems,..

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