tldr; North Korea has significantly escalated its cryptocurrency theft activities, stealing at least $2.02 billion in 2025, a 51% increase from the previous year. This brings the total stolen by North Korean actors to $6.75 billion. The country relies on IT worker infiltration, Chinese-language laundering networks, and advanced techniques like cross-chain bridges and mixing services to obscure stolen funds. These activities highlight North Korea's growing sophistication in exploiting the crypto ecosystem for financial gain.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Or figure out how to get more N Koreans online so they figure out how bad they are being mistreated and discover the best practices in what to do about it
I thought the same thing. It’s my understanding now that they actually perpetuate their crimes from neighboring China, or coerce Americans to setup laptop farms they can piggy back off of to get legit jobs as remote workers, infiltrating American companies, then vouching for other North Korean operatives as their professional references. Meanwhile, behind the scenes, they have 3 or 4 people working the same job, masquerading as one person. Best case scenario, the company is funding an enemy state unknowingly, earning prison sentences for the rubes that help them state side. Worst case, they steal assets (crypto or other) or ransomware the company for millions.
If your work from home employee is too good to be true, he probably is. They hire actors for the in-person interview, then use state-of-the art AI deepfakes for remote meetings.
crazy how much they've stolen. makes you wonder how much longer exchanges can keep getting hit like this before security actually catches up. $6.75B total is insane
tldr; North Korea has significantly escalated its cryptocurrency theft activities, stealing at least $2.02 billion in 2025, a 51% increase from the previous year. This brings the total stolen by North Korean actors to $6.75 billion. The country relies on IT worker infiltration, Chinese-language laundering networks, and advanced techniques like cross-chain bridges and mixing services to obscure stolen funds. These activities highlight North Korea's growing sophistication in exploiting the crypto ecosystem for financial gain.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
we should cut off their internet connection.
Or figure out how to get more N Koreans online so they figure out how bad they are being mistreated and discover the best practices in what to do about it
It’s going to be much harder than just cutting off the internet connection
I thought the same thing. It’s my understanding now that they actually perpetuate their crimes from neighboring China, or coerce Americans to setup laptop farms they can piggy back off of to get legit jobs as remote workers, infiltrating American companies, then vouching for other North Korean operatives as their professional references. Meanwhile, behind the scenes, they have 3 or 4 people working the same job, masquerading as one person. Best case scenario, the company is funding an enemy state unknowingly, earning prison sentences for the rubes that help them state side. Worst case, they steal assets (crypto or other) or ransomware the company for millions.
If your work from home employee is too good to be true, he probably is. They hire actors for the in-person interview, then use state-of-the art AI deepfakes for remote meetings.
crazy how much they've stolen. makes you wonder how much longer exchanges can keep getting hit like this before security actually catches up. $6.75B total is insane
What blockchain/ chains are we talking about here?