DOJ Don Charge North Korean Hackers for $1M Crypto Theft Scheme

USA Department of Justice don charge four North Korean hackers for one sophisticated $915,000 crypto theft scheme. From 2019 reach 2021, the group waka like remote developers for US and Serbian blockchain startups, come dey use fake and stolen identities to bypass sanctions. For February and March 2022, dem exploit smart contract wahala and privileged access finish steal funds. Dem wash the money through cryptocurrency mixers and fake exchange accounts wey dem create with stolen Malaysian IDs. Authorities talk say the money go North Korea illegal weapons programs. This case na part of 2024 DPRK RevGen Initiative wey dey target Pyongyang money source. Federal raids for 16 states seize 29 financial accounts, 21 fake websites, “laptop farms,” and about 200 computers wey dem use for the matter. DOJ action show say crypto theft risk still dey ground and we need better blockchain security plus strict money laundering controls.