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Crypto Malware ‘AppleJeus’ Used By North Korea To Steal Cryptocurrency

The United States Government has identified a cryptocurrency malware used by the North Korean government to steal crypto for Pyongyang.  US Agencies Report “AppleJeus” Malware In Detail A report developed by the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the Treasury Department revealed that the crypto-malware called ‘AppleJeus’ was disguised as a legitimate-looking crypto trading software to facilitate cryptocurrency thefts. First deployed in 2018, AppleJeus has been camouflaged using seven different official-sounding names. The names include Celas Trade Pro, JMT Trading, Union Crypto, Kupay Wallet, CoinGoTrade, Dorusio, and Ants2Whale. AppleJeus mostly appeared to be…

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North Korean Hackers Threatened Bithumb Exchange With a $16M Ransom Amid the 2017 Data Breach, Says Report

A new report commissioned by the U.S. secret services unveiled what happened behind the attack launched by North Korean hackers against a South Korean crypto exchange. The case is about a breach on June 29, 2017, which exposed data tied to over 30,000 customers stemming from Bithumb. Hackers Threatened to ‘Destroy’ Data and Cryptos Stolen According to Maeil Kyungjae, the U.S. authorities found that North Korean hackers got access to personal data and funds from customers then demanded a ransom payment afterward. The blackmailers targeted the crypto exchange Bithumb by asking them for 20 billion won ($16 million). Moreover, threat…

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Revealed: How North Korean hackers launder stolen crypto

The techniques are sophisticated but crypto laundering cases are still relatively small. British multinational security company BAE Systems and the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, have published a report revealing how cybercriminals launder cryptocurrency.  According to the study Follow the Money money laundering cases via crypto are still relatively small compared to the huge volumes of cash laundered through traditional methods like wire transfers. But there are some notable examples and the report goes in-depth into the money laundering methods employed by Lazarus Group, a well-known hacking gang sponsored by the North Korean regime. Lazarus typically steals…

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Suspected North Korean Hackers Move Bitcoin Worth $140K From Forfeited Account

Suspected North Korean hackers on Monday moved 12 bitcoin, worth about $140,000, from one of 280 accounts the U.S. Department of Justice (DoJ) has targeted for seizure. The funds have been wired into an anonymous wallet, according to Whale Alert, a bot that tracks notable crypto transactions. “One of the inputs of this transaction has been listed by the U.S. government as forfeited. It is unclear who made the transaction,” Whale Alert tweeted, attaching a DoJ civil forfeiture complaint of August 27. In the complaint, the DoJ alleges that the accounts were used by the North Korean government to launder…

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BTC Wallet Used By North Korean Hackers With $140K Starts Moving

A BTC Wallet used by North Korean hackers with more than $140,000 locked in it, just transferred 12 BtC from the crypto exchange Huobi and is started moving further so let’s read more in today’s Bitcoin news. Bitcoin worth around $140,000 was moved from a BTC wallet used by North Korean hackers that were previously linked by a US Department of Justice according to Whale Alert on Twitter. The DoJ filed a civil forfeiture complaint recently against 280 crypto accounts allegedly used by the North Korean hackers to launder more than $3 million of funds stolen into two separate 2019…

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The U.S. Is Taking Its Crypto Back from North Korea

Recently, Live Bitcoin News reported that the U.S. was looking to sue North Korea over several million dollars-worth of cryptocurrency that had been stolen over the past year via cyberattacks on two separate exchanges. There has been a break in the story in that the U.S. is no longer planning to file suit, as it has already gained access to the nearly 300 accounts that the stolen money had been filtered into. The country is now moving to transfer these funds back into American digital wallets. North Korea Is at a Disadvantage North Korea has a long history of stealing…

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U.S. Warns of Resurgence of North Korean Hacking Group

North Korea has dominated the hacking-related aspect of the crypto industry’s news cycle this week. From attempted attacks to fresh discoveries, the country has been the focus of several stories. However, the latest development in the country highlights one of its most notorious hacking groups and its apparent resurgence. The BeagleBoyz Are Back This week, the United States Department of Homeland Security (DHS) issued an alert confirming that the government has been monitoring the resurgence of BeagleBoyz, a hacking group sponsored by Pyongyang. The report explained that investigation efforts have been carried out by the Treasury Department, the FBI, and the…

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U.S. Initiates Lawsuit Against North Korea Over Stolen Digital Currencies

The United States is saying “enough” when it comes to the hacking history of nuclear state North Korea. The country is now suing its rival for control of more than 200 separate bitcoin and Ethereum accounts which allegedly contain crypto funds that were taken illegally from two trading exchanges. North Korea Is Being Taken to Court North Korea has a long history of stealing cryptocurrency to fund its illicit programs. The country is allegedly the home of Lazarus, a hardcore hacking organization that has potentially stolen hundreds of millions in digital funds since it first came about more than ten…

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US warns of resurgence of North Korea’s BeagleBoyz hacking gang

It’s not a group of 1980s rappers, it’s North Korea’s second most notorious hacking gang. A group of North Korean hackers is engaged in a massive campaign targeting U.S. financial institutions and cryptocurrency exchanges around the world — with US authorities warning of the high level of threat it poses to the country. According to an alert issued by the U.S. Department of Homeland Security (DHS), agencies including the FBI, the U.S. Cyber Command, and the Department of the Treasury are moinotiring the resurgence of the North Korea-sponsored hacking group, BeagleBoyz. The hackers have not been as active in the…

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US authorities go after 280 crypto accounts allegedly tied to North Korea

Two Chinese crypto exchanges allegedly lost millions of dollars to North Korean hackers. "The Justice Department today filed a civil forfeiture complaint detailing two hacks of virtual currency exchanges by North Korean actors," said an Aug. 27 statement from the U.S. Department of Justice, or DoJ. "These actors stole millions of dollars’ worth of cryptocurrency and ultimately laundered the funds through Chinese over-the-counter (OTC) cryptocurrency traders." The hackers allegedly utilized 280 different digital asset accounts, the statement detailed. The ordeal appears to be connected with previously reported thievery which occured earlier in 2020.  This story is developing and will be…

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Lazarus Is Back, and It’s Looking to Steal Crypto Through LinkedIn

The Lazarus Group – a cryptocurrency hacking organization allegedly based in North Korea – is once again searching for digital funds it has no right to, and this time, it’s utilizing social media and job hunting platform LinkedIn to get the job done. Lazarus Is Stealing Crypto Through LinkedIn Ads Among the latest victims to fall into Lazarus’ hands is F-Secure, a cryptocurrency organization. Thus far, about 14 separate businesses have been compromised in both the United States and the UK. What’s unique about these attacks is that they are occurring through advertisements on LinkedIn. Cybersecurity researchers state that a…

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Lazarus is attacking the crypto industry via LinkedIn, warns F-Secure

Careful! Those job offers you’re seeing on LinkedIn might actually be a crypto attack. Lazarus, a group of hackers who are allegedly backed by North Korea, is now reportedly attacking crypto and blockchain talent through major professional social network, LinkedIn.According to a report by the Finnish cyber security and privacy firm, F-Secure, the latest Lazarus attack was made through a crypto-related job advert on the site. Their investigation indicated that an individual working in the Blockchain space received a phishing message that mimicked a legitimate Blockchain job listing.The message included an MS Word document titled “BlockVerify Group Job Description,” which…

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Report Outlines North Korea’s Government-Funded Cybercrime Operation

North Korea has been a pariah amongst countries of the world for years. The country has managed to seclude itself, adopting cyberattacks in a bid to remain financially solvent. A new report has shed more light on the structure of the North Korean government’s coordinated effort to steal from foreign entities. Meet Bureau 121 Earlier this week, the United States Army released a report which revealed that North Korea’s government hacking network has over 6,000 members worldwide. Titled North Korean Tactics, the document explained that the government incorporated a department called Bureau 121, to oversee the activities of four cybercrime groups.…

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North Korea’s ‘Bureau 121’ Has an Army of 6000 Hackers

The U.S. Army has revealed that North Korea has a number of divisions dedicated to cryptocurrency and related cybercrimes. A report unveiled by the U.S. Army reveals that North Korea now has more than 6,000 hackers stationed in countries such as Belarus, China, India, Malaysia, Russia, among others.The operations of four sub divisions are overseen by Bureau 121, the cyber warfare guidance unit of the hermit nation.The report, named North Korean Tactics, suggests the hackers do not exclusively launch cyberattacks from North Korea itself, as the country lacks the IT infrastructure to deploy the massive campaigns.Financial crimes divisionThe “financial crime…

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UK Police Charge Farmer For Blackmailing Tesco for £1.5m in Bitcoin

Criminal activity isn’t a novelty to the cryptocurrency space. However, in the United Kingdom, one sheep farmer appears to have taken a different approach to rip companies off. Recently, The Yorkshire Post reported about Nigel Wright, a sheep farmer from the area who tried to extort $1.8 million from the famous supermarket chain Tesco. Bitcoin in Exchange for Contaminated Products Per the report, Wright, a native of Market Rasen, Lincolnshire, had written Tesco a series of letters claiming that he placed contaminated baby food in several of their department stores between May 2018 and February 2020. He asked that the company…

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Hackers From North Korea Use Altcoins To Convert $1.5B In Stolen Funds

Hackers from North Korea are using altcoins that are untraceable in order to convert stolen cryptocurrencies into cash equaling more than $1.5 billion in stolen funds as we are reading more in the upcoming altcoin news. The hackers from North Korea are suspected to be using untraceable alternative cryptocurrencies to convert funds into cash. The news reports from NK News, which is an unpublished United Nations Panel of Experts report shows that the North-Korean hackers have stolen more than $1.5 billion in crypto and that they were converting a portion of the amount into cash. The hackers transacted funds using…

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North Korea Reportedly Using Altcoins to Convert $1.5B in Stolen Funds to Cash

North Korean hackers are reportedly using untraceable altcoins to convert stolen cryptocurrencies into cash. North Korea-based cybercriminals are suspected to be using untraceable alternative cryptocurrencies, or altcoins, to convert stolen funds into cash.According to an NK News report, an unpublished United Nations Panel of Experts report states that North Korea-backed hackers have stolen approximately $1.5 billion in cryptocurrencies and they were converting a portion of that amount into cash.Using altcoins, mixers and loosely regulated exchangesThe hackers deliberately transact using privacy-focused altcoins as they are hard to trace and track, moving the stolen assets to loosely regulated cryptocurrency exchanges that have…

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