Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
UN report: North Korean hackers infiltrate cryptocurrency industry by forging resumes, earning $600 million a year

UN report: North Korean hackers infiltrate cryptocurrency industry by forging resumes, earning $600 million a year

CointimeCointime2024/07/15 15:38
By:Cointime

North Korean hackers infiltrated cryptocurrency job positions by forging resumes, generating $600 million in annual revenue for North Korea through this "quiet war". According to a United Nations report, over 4,000 North Koreans were sent into Western technology industries, including the cryptocurrency industry, to steal sensitive data, carry out hacking attacks, and steal assets. These fraudulent recruitment practices pose a significant threat to the cryptocurrency industry, especially against the backdrop of its increasing popularity. Taylor Monahan, a security researcher at MetaMask, said that North Korea generates revenue through illegal sale of resources, IT work, and hacking attacks. According to Erin Plante, Vice President of Chainalysis, there is evidence that some of North Korea's funding for its nuclear weapons program comes from hacking cryptocurrency websites, such as the Lazarus Group's attack on the Ronin bridge in 2022, which obtained $540 million.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

ARK Invest CEO Cathie Wood Shares New Predictions for Bitcoin Price After Record Highs

Famous investor Cathie Wood talked about new records in Bitcoin prices in her live interview.

Bitcoinsistemi2024/11/16 14:11

Famous Analyst Made a Crazy Prediction for Cardano (ADA) Price: Sets a Date

Cryptocurrency analyst Ali Martinez made an unbelievable prediction for the Cardano (ADA) price in his statement.

Bitcoinsistemi2024/11/16 14:11

Unbelievable Cryptocurrency Scam in Ankara! One Person's 38 Million TL Vanished!

According to AA, a businessman in Ankara was defrauded of 38 million liras with spyware by fraudsters who introduced themselves as cryptocurrency exchange officials.

Bitcoinsistemi2024/11/16 14:00