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Tag: North Korean hackers

Tornado Cash Founders Charged in Billion-Dollar Cryptocurrency Laundering Scheme

August 24, 2023   Cyber Security, Hacks, Fraud Alerts, Risks, Enterprise, FinTech and Alternative Finance, Fintech International, Legal Issues, Regulation, Consultation, Stories  ...

Tornado Cash founders charged with money laundering crypto, including proceeds from North Korean heists

Tornado Cash co-founders Roman Storm and Roman Semenov have been charged with money laundering, sanctions violations and operating an unlicensed money transfer business, the...

FBI Alerts: North Korean Hacker Groups Convert Stolen BTC into $40 Million Worth of Funds

In a recent warning, the FBI has alerted cryptocurrency firms about the potential cashing out of stolen Bitcoin worth $40 million by North Korean...

Tornado Cash Sanctions Affirmed by Federal Court – Decrypt

A federal court has upheld the Treasury Department's authority to impose sanctions on the cryptocurrency mixer Tornado Cash, rejecting a legal challenge brought by...

UN Report Says Crypto Platforms Are Attractive Targets for North Korean Hackers – CryptoCurrencyWire

Independent monitors focused on sanctions have disclosed that cyber operatives affiliated with North Korea have persisted in targeting entities within the cryptocurrency sector. The...

North Korean Attackers Targeted Crypto Companies in JumpCloud Breach

Researchers have attributed the recent JumpCloud breach to a branch of North Korea's Lazarus Group. Early indications suggest that the group was financially motivated, primarily...

North Korean Hackers Breach JumpCloud, Signaling a Shift in Crypto-Heist Strategy

According to Reuters, JumpCloud, an American IT management company based in Louisville, Colorado, confirmed a system breach in late June 2023 by a North Korean government-backed...

Qiming, Polychain back crypto privacy lab’s Series A

P0x, the cryptographic development team behind a blockchain network called Manta, has raised $25 million in equity for its Series A funding round. Qiming...

North Korean hackers used shadow IT workers to carry out crypto heists

North Korea has built a shadow workforce consisting of thousands of IT workers, according to U.S. officials.This shadow workforce is linked with North...

Half of North Korea’s Missile Programs Funded via Stolen Crypto: White House

According to an undisclosed White House official, North Korea has funded approximately half of its missile tests through crypto theft and cyberattacks.  A recent...

North Korea’s Kimsuky APT Keeps Growing, Despite Public Outing

Globally, interest has surged around North Korea's Kimsuky advanced persistent threat group (a.k.a. APT43) and its hallmarks. Still, the group is showing no signs...

SEC’s Hester Peirce Says Gensler’s Plan to Target DeFi Undermines First Amendment

U.S. Securities and Exchange Chairman Gary Gensler has made it clear that he’s getting tough on crypto. And today the American regulator revealed he’s...

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