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TraderTraitor: The Kings of the Crypto Heist
Allegedly responsible for the theft of $1.5 billion in cryptocurrency from a single exchange, North Korea’s TraderTraitor is one of the most sophisticated cybercrime groups in the world.
While Bybit remained solvent by borrowing cryptocurrency and launched a bounty scheme to track down the stolen funds, the FBI quickly pinned the blame on the North Korean hackers known as TraderTraitor. While all of these countries engage in espionage and theft of sensitive data, North Korea’s cyber operations come with their own set of distinct goals: helping to fund the hermit kingdom’s nuclear programs. Recently, security researchers at Palo Alto Networks’ Unit 42 threat intelligence team found 50 North Korean recruiter profiles on LinkedIn and linked them back to TraderTraitor.
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