North Korean fraudsters stealing billions of dollars in cryptocurrency have sparked Australia into a joint anti-scam effort with the US and Canada.
North Korean IT workers posing as legit white-collar workers have stolen an estimated $US2.8bn ($A4.04bn) in crypto since January 2024 and raked in revenues anywhere from $US500m ($A722m) to $US1.2bn ($A1.79bn) for the regime.
The threat prompted a US Department of State, and Australian Department of Foreign Affairs and Trade conference in Sydney on Monday.
As well as the Australian and US foreign agencies, government agency Global Affairs Canada, private firm DTEX and Google subsidiary Mandiant hosted 80 Australian tech, recruiting and financial workers at the conference.
A US Department of…
