North Korean hackers responsible for third of all virtual funds stolen last year



News North Korean hackers responsible for third of all virtual funds stolen last year New report says DPRK actors stole almost $800M in crypto but warns estimate likely to increase as new data emerges Shreyas Reddy February 12, 2025 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON North Koreans using computers at the Pyongyang Sci-Tech Complex \| Image: NK News (Oct. 2016) North Korean cybercriminals stole almost $800 million in cryptocurrency in 2024, accounting for more than a third of all stolen virtual funds worldwide last year, according to a U.S. blockchain intelligence firm. The threat posed by DPRK actors was particularly evident in “high-impact operations” as their heists were nearly five times larger than other actors’ attacks on average, TRM Labs said in its 2025 Crypto Crime Report released on Monday. North Korean cybercriminals stole almost $800 million in cryptocurrency in 2024, accounting for more than a third of all stolen virtual funds worldwide last year, according to a U.S. blockchain intelligence firm. The threat posed by DPRK actors was particularly evident in “high-impact operations” as their heists were nearly five times larger than other actors’ attacks on average, TRM Labs said in its 2025 Crypto Crime Report released on Monday. Try unlimited access Only $1 for four weeks Unlimited access to all of NK News: reporting, investigations, analysis Year-one discount if you continue past $1 trial period 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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North Korean hackers responsible for third of all virtual funds stolen last year

New report says DPRK actors stole almost $800M in crypto but warns estimate likely to increase as new data emerges

Shreyas Reddy February 12, 2025

North Korean hackers responsible for third of all virtual funds stolen last year

North Koreans using computers at the Pyongyang Sci-Tech Complex | Image: NK News (Oct. 2016)

North Korean cybercriminals stole almost $800 million in cryptocurrency in 2024, accounting for more than a third of all stolen virtual funds worldwide last year, according to a U.S. blockchain intelligence firm.

The threat posed by DPRK actors was particularly evident in “high-impact operations” as their heists were nearly five times larger than other actors’ attacks on average, TRM Labs said in its 2025 Crypto Crime Report released on Monday.

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North Korean hackers responsible for third of all virtual funds stolen last year

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