North Korea stole $659M in five crypto heists last year • The Register
North Korean blockchain bandits stole more than half a billion dollars in cryptocurrency in 2024 alone, the US, Japan, and South Korea say.
The sum of stolen assets totaled a little more than $659 million across five major incidents, although just two contributed a large portion of that.
The BitcoinDMM crypto exchange was raided for $308 million in May 2024 – the biggest haul of the five heists – by a group tracked by law enforcement agencies as TraderTraitor.
To pull it off, the North Korean attackers upended their usual playbook of seeking employment at Western organizations and assumed the role of recruiter.