North Korean Hackers Steal $308 Million from DMM Bitcoin
/ 1 min read
💰🔗 North Korean hackers steal $308 million in cryptocurrency from DMM Bitcoin. U.S. and Japanese authorities have linked the theft of 4,502.9 BTC from DMM Bitcoin to North Korean cyber actors known as TraderTraitor, also referred to as Jade Sleet and UNC4899. The attack involved social engineering tactics targeting employees, leading to unauthorized access to Ginco’s wallet management system. Following the breach, the stolen funds were funneled through various wallets and mixing services, ultimately reaching HuiOne Guarantee, a marketplace associated with cybercrime. This incident highlights the ongoing threat posed by North Korean hacking groups, which have been active in the cryptocurrency sector since at least 2020. DMM Bitcoin has since ceased operations in response to the hack.
