US EditionUS govt says North Korea stole over $659 million in crypto last year
- North Korean-backed hackers stole at least $659 million through multiple cryptocurrency heists in 2024, according to a rare joint statement from Japan, South Korea, and the United States.
- The announcement confirmed that North Korea was behind July's $235 million hack of WazirX, India's largest cryptocurrency exchange.
- North Korean hackers were responsible for 61% of all cryptocurrency stolen in 2024, totaling $1.34 billion, as reported by Chainalysis.
- The U.S. State Department offers up to $5 million for information to disrupt North Korean front companies Yanbian Silverstar and Volasys Silverstar.
55 Articles
55 Articles
The United States, Japan, and South Korea issued a joint warning about the increasing activity of North Korean malicious actors that are aggressively targeting the cryptocurrency industry. Just...
North Korea stole over $600M in cryptocurrency in 2024, US and allies confirm
The U.S., South Korea and Japan confirmed that North Korea stole over $600 million in cryptocurrency in 2024 to fund its nuclear and missile development, emphasizing the need for greater collaboration between the public and private sectors to counter Pyongyang’s threat to virtual currency services. In a joint statement released on Tuesday, the three countries […]
North Korea linked to crypto heists of over $650 million in 2024 alone
Illustration by Alex Castro / The Verge Hackers in North Korea stole a total of $659 million in crypto across several heists in 2024, according to a joint statement issued today by the US, Japan, and South Korea. The report specified five such incidents, like the $235 million theft from the Indian crypto exchange WazirX that is being newly attributed to the Lazarus Group. That organization is estimated to have stolen billions across previous att…
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