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Crypto exchange Kraken’s latest security disclosure reads less like a corporate blog post than a field report from the front lines of modern cyber-warfare. Published on 1 May 2025 under the blunt title “How we identified a North Korean hacker who tried to get a job at Kraken,” the account describes in granular detail how a seemingly routine hiring process morphed into what the exchange openly calls “an intelligence gathering operation.”

From the first contact, something felt wrong. Recruiters noticed that the applicant “joined under a different name from the one on their resume,…