Get the latest tech news

North Korea stole over $659M in crypto heists during 2024, deployed fake job seekers


A joint international statement provides the first official confirmation that North Korea was behind the $235M hack of WazirX, India's largest cryptocurrency exchange. North Korean state-sponsored hackers stole $659 million through multiple cryptocurrency heists in 2024.

North Korean-backed hackers stole at least $659 million through multiple cryptocurrency heists in 2024, while also deploying IT workers to infiltrate blockchain companies as insider threats, according to Japan, South Korea and the United States in a rare joint statement(PDF) on Tuesday. The announcement provided the first official confirmation that North Korea was behind July’s$235 million hack of WazirX, India’s largest cryptocurrency exchange. Earlier U.N. reports estimated that North Korea stole $3 billion in cryptocurrency between 2017 and 2023 to fund its sanctioned nuclear weapons programs.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of crypto heists

crypto heists

Photo of North Korea

North Korea

Photo of fake job seekers

fake job seekers

Related news:

News photo

US government charges operators of crypto mixing service used by North Korea and ransomware gangs

News photo

US government says companies are no longer allowed to send bulk data to these nations | US data is off the table for China, Iran, North Korea, Russia, and more

News photo

North Korea-linked hackers accounted for 61% of all crypto stolen in 2024