US tries to seize 280 cryptocurrency accounts linked to North Korean hacks



News US tries to seize 280 cryptocurrency accounts linked to North Korean hacks DPRK-linked hackers attacked U.S. and South Korean exchanges, then converted stolen alt-coins to other currencies Min Chao Choy August 28, 2020 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON KCNA The United States government is trying to seize 280 cryptocurrency accounts related to theft cases involving hackers linked to North Korea, according to a U.S. Department of Justice release published on Aug. 27. The Justice Department alleges that North Korean hackers stole cryptocurrencies worth at least $298.5 million from South Korean cryptocurrency exchanges in 2018 and 2019, as well as an exchange “focused on the Algorand blockchain” based in the United States. The United States government is trying to seize 280 cryptocurrency accounts related to theft cases involving hackers linked to North Korea, according to a U.S. Department of Justice release published on Aug. 27. The Justice Department alleges that North Korean hackers stole cryptocurrencies worth at least $298.5 million from South Korean cryptocurrency exchanges in 2018 and 2019, as well as an exchange “focused on the Algorand blockchain” based in the United States. Become a member for less than $5.75 per week. Unlimited access to all of NK News: reporting, investigations, analysis The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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US tries to seize 280 cryptocurrency accounts linked to North Korean hacks

DPRK-linked hackers attacked U.S. and South Korean exchanges, then converted stolen alt-coins to other currencies

Min Chao Choy August 28, 2020

US tries to seize 280 cryptocurrency accounts linked to North Korean hacks

KCNA

The United States government is trying to seize 280 cryptocurrency accounts related to theft cases involving hackers linked to North Korea, according to a U.S. Department of Justice release published on Aug. 27.

The Justice Department alleges that North Korean hackers stole cryptocurrencies worth at least $298.5 million from South Korean cryptocurrency exchanges in 2018 and 2019, as well as an exchange “focused on the Algorand blockchain” based in the United States.