The Ketman Project, operating under the Ethereum Foundation’s ETH Rangers security program, has in the latest Ethereum news, identified approximately 100 North Korea Crypto IT operatives embedded inside Web3 companies using fabricated identities, the result of a six-month investigation that ended with one of the most detailed public tallies of DPRK insider infiltration in the sector’s history.

The threat model has shifted. Where North Korea’s state-level crypto operations once centered on remote exploits and exchange hacks, the 2025 pattern is coordinated workforce infiltration, operatives passing HR screenings, accessing internal repositories, and sitting inside product teams for months before detection.

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