North Korean spies infiltrate crypto companies
According to U.S. intelligence, North Korean spies are infiltrating the crypto industry.
According to U.S. intelligence, North Korean spies are infiltrating the crypto industry. They’re hitting LinkedIn to scout for jobs, posing as non-North Koreans. They mimic real profiles and work remotely for crypto companies. The spies’ goals: on one hand, raise money for North Korea’s weapons program; on the other, conduct industrial espionage and pull strings.
"Ultimately, it’s an inside threat," an analyst told Bloomberg. "If someone is hired on a crypto project and becomes a key developer, they can influence things—for better or worse."
North Korean hackers have long been active in the crypto space. According to data provider Chainalysis, they steal hundreds of millions of dollars from the industry each year. The most notorious group is Lazarus. The group made headlines this year with the worst DeFi hack ever (damage: $650 million). In June 2022, Lazarus attacked the Harmony platform and stole $100 million.
