North Korean IT Team Dey Enter Crypto Firms Wit Fake IDs
Security researcher ZachXBT find out say one six-man North Korean IT team dey use over 30 fake ID dem to enter big crypto company dem like Polygon Labs, OpenSea and Chainlink. Dem buy government ID wey dem steal, phone number and LinkedIn plus Upwork profile take carry secure blockchain developer jobs. Dem dey use Google Sheets manage budget, Google Translate for talk and AnyDesk plus VPN service to hide North Korean IP so dem fit do sneaky crypto infiltration. On-chain analysis connect one of their ERC-20 wallet (0x78e1a) to $680,000 Favrr exploit wey happen for June 2025. Device forensics show screenshots, Google Drive export plus browser history from Russian IP confirm say na North Korean operation. After the matter show, big crypto platform start their internal audit, wey show say make dem tighten identity check, network security plus on-chain monitoring so that fake ID attack like this no go happen again.
Bearish
Dis report wey talk say di government mek pesin con for dia system and use fake ID carry do better better hustle na kpakam for Favrr token. For short term, any news wey show say security bug or hack for di chain fit make traders lose confidence and begin sell quick quick. For long term, di people wey put moni go dey ask for better auditing and ID check, but di bad name and possible regulator waka fit comot ham di market recovery. Dis hack show say system get gbege, e fit weigh down di token price.