Crypto Exchange Kraken Uncovers North Korean Espionage Plot
Crypto exchange Kraken’s latest security disclosure reads less like a corporate blog post than a field report from the front lines of modern cyber-warfare. Published on 1 May 2025 under the blunt title “How we identified a North Korean hacker who tried to get a job at Kraken,” the account describes in granular detail how […]
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Per a report from a local news media, the CEO of an unnamed South Korean crypto exchange platform was arrested for his alleged connection to an espionage operation. The executive was acting as an intermediary between a North Korean agent and elements in the South Korean army, the report claims. Related Reading | Illegal Crypto Exchange […]
South Korean law enforcement recently announced the arrest of a serving military captain and an operator of a cryptocurrency exchange on charges of spying for a North Korean hacker. In return for the acts of espionage, the two South Korean individuals were allegedly paid bitcoins worth a total of $637,789.
South Korea’s Joint Command and Control Targeted
Two South Korean citizens, a businessman running a crypto asset management firm and a serving captain of the country’s army, were arrested on suspicion of passing military secrets to a North Korean hacker. In....
In the face of rising prices and renewed interest in the cryptocurrency market, North Korean hackers are intensifying their illicit activities, specifically targeting exchanges like Coinbase. CEO Brian Armstrong revealed that the company has had to adapt its policies significantly to counteract these threats from North Korea. Coinbase CEO Warns Of North Korean IT Workers […]
A new report commissioned by the U.S. secret services unveiled what happened behind the attack launched by North Korean hackers against a South Korean crypto exchange. The case is about a breach on June 29, 2017, which exposed data tied to over 30,000 customers stemming from Bithumb. Hackers Threatened to ‘Destroy’ Data and Cryptos Stolen According to Maeil Kyungjae, the U.S. authorities found that North Korean hackers got access to personal data and funds from customers then demanded a ransom payment afterward. The blackmailers targeted the crypto exchange Bithumb by asking....
The U.S. Department of Justice (DOJ) unsealed new charges against the North Korean state-sponsored Lazarus Group. The hackers are allegedly responsible for stealing over $1.3 billion in cryptocurrencies and fiat during coordinated cyber-heists. North Korean Hackers Also Developed and Deployed Malicious Crypto Apps According to the announcement, law enforcement expanded charges to Park Jin Hyok, a North Korean military hacker, from his involvement in hacking Sony in 2018, deploying Wannacry ransomware attacks, and other financial cyber thefts. Moreover, the new indictment unsealed mentioned....