South Korea has imposed sanctions on North Korean crypto hackers and IT workers to prevent the country from funding its weapon programs through cybercrime. South Korea’s sanctions South Korea imposed sanctions on North Korea due to crypto hackers and IT workers.

Japanese police and U.S. agencies said the attack was "affiliated" with TraderTraitor, which is characterized by social engineering.

Alongside the rising adoption and value of crypto assets, theft is also on the rise. This year, the total value of cryptocurrency stolen surged 21%,

South Korea has sanctioned many individuals for their involvement in crypto theft and support of North Korea's military activities.

North Korea hackers managed to steal $1.3 billion worth of crypto assets in 2024, according to a new report from Chainalysis.

The U.S. Treasury Department on Tuesday said it had shut down a North Korean money laundering network that used crypto to clean millions of dollars for the hermit kingdom, a global leader in crypto crime.

Crypto hackers from North Korea stole $1.3 billion in funds in 2024, new data released this week from Chainalysis shows.

The United States and South Korea are reportedly partnering in a joint research initiative aimed at strengthening protections against the theft of crypto assets.

Japan's National Police Agency said on Tuesday that the hacker group TraderTraitor, which is based in North Korea, is likely responsible for a May hack that allowed $308 million in Bitcoin to be taken

Authorities from Japan and the United States have identified North Korean cyber actors as the culprits behind the theft of $308 million worth of cryptocurrency from DMM Bitcoin in May 2024. This cyber heist was officially attributed to North Korean-linked TraderTraitor threat activity,

North Korean hackers linked to the infamous Lazarus hacking group have been identified as being behind the theft of more than 4,500 bitcoins from Japanese cryptocurrency exchange DMM Bitcoin earlier this year.