FBI Blames North Korean Hackers for $308M Bitcoin Heist – Comedy of Crypto Errors?

The FBI is pointing fingers at North Korean hackers for a $308 million crypto heist from Bitcoin.DMM.com. Using a LinkedIn ruse, they tricked an employee into downloading malicious code. The stolen funds add to North Korea’s hacking spree, with TraderTraitor swiping millions from various crypto firms this year.

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Hot Take:

North Korea seems to be playing a real-life game of “Crypto Heist” with a side quest of impersonating LinkedIn recruiters. Meanwhile, the FBI and Japan’s police are left to clean up the virtual aftermath of this $308 million mess. Maybe it’s time to invest in better cybersecurity rather than cryptocurrency!

Key Points:

  • FBI and Japan’s NPA blame North Korean hackers for $308 million Bitcoin heist.
  • The cybercriminals used social engineering tactics via LinkedIn to target a Ginco employee.
  • The hackers exploited session cookie data to access Ginco’s communication systems.
  • Stolen funds were rerouted to North Korean-controlled cryptocurrency wallets.
  • Cryptocurrency thefts attributed to North Korea are on the rise, with $2.2 billion stolen in 2024.

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