Security News > 2020 > August > Justice Dept: North Korean Hackers Stole Virtual Currency

North Korean hackers stole millions of dollars from virtual currency accounts and then laundered the stolen funds in hopes of making the crime untraceable, according to a Justice Department civil forfeiture complaint filed Thursday.
It comes months after Justice Department officials accused hackers from North Korea of stealing nearly $250 million worth of virtual currency and charged two Chinese hackers with laundering more than $100 million from the hack.
Acting Assistant Attorney General Brian Rabbitt of the Justice Department's criminal division said Thursday's new case "Publicly exposes the ongoing connections between North Korea's cyber-hacking program and a Chinese cryptocurrency money laundering network."
In one of the episodes they describe, a hacker gained access to the virtual currency wallets of a U.S.-based company as well as funds held on other platforms, and stole nearly $2.5 million and laundered it through more than 100 accounts.
On Wednesday, it disclosed samples of malicious software that officials said North Korean hackers have been using to target a wide variety of victims.
News URL
Related news
- North Korean Hackers Deploy FERRET Malware via Fake Job Interviews on macOS (source)
- North Korean Hackers Exploit PowerShell Trick to Hijack Devices in New Cyberattack (source)
- North Korean hackers spotted using ClickFix tactic to deliver malware (source)
- North Korean Hackers Target Freelance Developers in Job Scam to Deploy Malware (source)
- North Korean hackers linked to $1.5 billion ByBit crypto heist (source)
- OpenAI bans ChatGPT accounts used by North Korean hackers (source)
- North Korean Hackers Steal $1.5B in Cryptocurrency (source)
- Bybit Hack Traced to Safe{Wallet} Supply Chain Attack Exploited by North Korean Hackers (source)
- Safe{Wallet} Confirms North Korean TraderTraitor Hackers Stole $1.5 Billion in Bybit Heist (source)
- Microsoft: North Korean hackers join Qilin ransomware gang (source)