DoJ Identifies, Charges Four North Korean Crypto Hackers Who Stole $1 Million Via Remote Work Hack
The post DoJ Identifies, Charges Four North Korean Crypto Hackers Who Stole $1 Million Via Remote Work Hack appeared on BitcoinEthereumNews.com. Key Insights: Four North Korean hackers were charged by the US DoJ for stealing nearly $1 million in crypto from US and Serbian blockchain companies. The hackers posed as remote IT workers, using stolen identities to break into companies. The stolen funds (worth nearly $1 million) were laundered using crypto mixers like Tornado Cash and funneled back to Pyongyang. The US Department of Justice has just charged four North Korean nationals in connection to nearly $1 million in crypto thefts. These individuals are accused of stealing nearly $1 million from blockchain startups in the US and Serbia. However, this isn’t just another story of stolen crypto. It is a look into the rising issue of state-sponsored crypto crime. Here’s a breakdown of what happened, and steps taken by the US DoJ. Posing as Remote IT Workers The accused individuals, Kim Kwang Jin, Kang Tae Bok, Jong Pong Ju and Chang Nam Il reportedly posed as remote developers with stolen identities. They then used these IDs to secure jobs at blockchain companies and got to work stealing funds. The four reportedly operated out of the United Arab Emirates in 2019 before breaking into an Atlanta-based blockchain startup and a Serbian virtual token company between late 2020 and mid-2021. Today, the FBI and @TheJusticeDept announced nationwide actions to disrupt North Korean schemes to defraud American companies through remote IT work, which included the arrest of a U.S. national who allegedly hosted a laptop farm for North Korean actors https://t.co/3IC28oaMFa pic.twitter.com/rsx0EPO0nu — FBI (@FBI) June 30, 2025 According to prosecutors, Kim and Jong forged documents and stolen IDs to appear as real job applicants. Once inside, these hackers gained access to sensitive systems and digital assets. They were then able to steal large amounts of crypto undetected. How the Crypto Was Stolen…
The post DoJ Identifies, Charges Four North Korean Crypto Hackers Who Stole $1 Million Via Remote Work Hack appeared on BitcoinEthereumNews.com.
Key Insights: Four North Korean hackers were charged by the US DoJ for stealing nearly $1 million in crypto from US and Serbian blockchain companies. The hackers posed as remote IT workers, using stolen identities to break into companies. The stolen funds (worth nearly $1 million) were laundered using crypto mixers like Tornado Cash and funneled back to Pyongyang. The US Department of Justice has just charged four North Korean nationals in connection to nearly $1 million in crypto thefts. These individuals are accused of stealing nearly $1 million from blockchain startups in the US and Serbia. However, this isn’t just another story of stolen crypto. It is a look into the rising issue of state-sponsored crypto crime. Here’s a breakdown of what happened, and steps taken by the US DoJ. Posing as Remote IT Workers The accused individuals, Kim Kwang Jin, Kang Tae Bok, Jong Pong Ju and Chang Nam Il reportedly posed as remote developers with stolen identities. They then used these IDs to secure jobs at blockchain companies and got to work stealing funds. The four reportedly operated out of the United Arab Emirates in 2019 before breaking into an Atlanta-based blockchain startup and a Serbian virtual token company between late 2020 and mid-2021. Today, the FBI and @TheJusticeDept announced nationwide actions to disrupt North Korean schemes to defraud American companies through remote IT work, which included the arrest of a U.S. national who allegedly hosted a laptop farm for North Korean actors https://t.co/3IC28oaMFa pic.twitter.com/rsx0EPO0nu — FBI (@FBI) June 30, 2025 According to prosecutors, Kim and Jong forged documents and stolen IDs to appear as real job applicants. Once inside, these hackers gained access to sensitive systems and digital assets. They were then able to steal large amounts of crypto undetected. How the Crypto Was Stolen…
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