Canadian man worked with North Koreans on $1.3 billion hacking scheme, US says



News Canadian man worked with North Koreans on $1.3 billion hacking scheme, US says Three North Korean hackers charged with conspiring on cyber-attacks and cryptocurrency theft David Volodzko February 17, 2021 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON U.S. Department of Justice The U.S. Department of Justice charged three North Korean hackers for conspiring to steal more than $1.3 billion in cryptocurrency and cash from companies and financial institutions, according to a government indictment notice released on Wednesday. A Canadian man has also pleaded guilty to helping the hackers launder money. The Justice Department said the three North Korean hackers took part “in a wide-ranging criminal conspiracy to conduct a series of destructive cyberattacks” to steal cash and cryptocurrency from various institutions, including cryptocurrency companies in Slovenia, Indonesia and the United States. The indictment notice also accused North Korean hackers of creating malicious cryptocurrency applications and developing a fraudulent blockchain platform. The U.S. Department of Justice charged three North Korean hackers for conspiring to steal more than $1.3 billion in cryptocurrency and cash from companies and financial institutions, according to a government indictment notice released on Wednesday. A Canadian man has also pleaded guilty to helping the hackers launder money. The Justice Department said the three North Korean hackers took part “in a wide-ranging criminal conspiracy to conduct a series of destructive cyberattacks” to steal cash and cryptocurrency from various institutions, including cryptocurrency companies in Slovenia, Indonesia and the United States. The indictment notice also accused North Korean hackers of creating malicious cryptocurrency applications and developing a fraudulent blockchain platform. 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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Canadian man worked with North Koreans on $1.3 billion hacking scheme, US says

Three North Korean hackers charged with conspiring on cyber-attacks and cryptocurrency theft

David Volodzko February 17, 2021

Canadian man worked with North Koreans on $1.3 billion hacking scheme, US says

U.S. Department of Justice

The U.S. Department of Justice charged three North Korean hackers for conspiring to steal more than $1.3 billion in cryptocurrency and cash from companies and financial institutions, according to a government indictment notice released on Wednesday. A Canadian man has also pleaded guilty to helping the hackers launder money.

The Justice Department said the three North Korean hackers took part “in a wide-ranging criminal conspiracy to conduct a series of destructive cyberattacks” to steal cash and cryptocurrency from various institutions, including cryptocurrency companies in Slovenia, Indonesia and the United States. The indictment notice also accused North Korean hackers of creating malicious cryptocurrency applications and developing a fraudulent blockchain platform.