Crypto Comedy: How Five Fraudsters Became North Korea’s Accidental IT Department

In a plot twist worthy of a heist movie, five people pleaded guilty to aiding North Korea’s revenue schemes, including IT worker fraud and cryptocurrency theft. The Department of Justice seeks to seize $15 million in stolen cryptocurrency from the notorious APT38 group. Apparently, crime does pay—just not for long!

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Hot Take:

In an epic plot twist worthy of a Hollywood thriller, five individuals decided to moonlight as the ultimate career counselors for North Korea, scoring them IT gigs at U.S. companies. While these folks won’t be winning any “Employee of the Month” awards, they surely made a name for themselves in the world of international cybercrime trickery. Who knew that remote work could be this…internationally intriguing?

Key Points:

  • Five individuals, including a Ukrainian and four Americans, plead guilty to aiding North Korea’s revenue schemes.
  • Involved in remote IT worker fraud, using stolen identities to secure jobs for DPRK agents in the U.S.
  • Resulted in over $2.2 million revenue for North Korea and affected 136 U.S. companies.
  • DOJ seeks to seize $15 million in cryptocurrency linked to Lazarus Group’s APT38 heists.
  • Incidents include cryptocurrency heists targeting exchanges in Panama, Estonia, and Seychelles.

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