North Korea’s cybarfare attacks on the cryptocurrency industry are increasing with sophistication, and in the number of groups involved in such criminal activity, Crypto firm Paradim has warned in a report titled “Eliminating North Korea’s Threat”.
The report states that attacks on North Korea’s cyberrtex exchange and social engineering efforts have been ranging from fashing attacks and supply chain’s complex high jacks. In some cases, it takes a year to end the attack, with North Korean workers supporting their time.
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The United Nations is estimated that between 2017 and 2023, North Korean hackers have laid a net worth $ 3 billion. 2024 and this year, with successful attacks against the Crypto Exchange Wazirks and the Bible, it has removed the hall tomorrow, which has laid the attackers together with about $ 1.7 billion.
Paradim writes that North Korean organizations number at least five of these attacks at least five: Lazaris group, spinout, Applejeus, dangerous password, and tractor trader. There is also an alliance of North Korean workers who are infiltrating tech companies around the world as IT workers.
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High -profile attacks and predicted laundering methods
North Korea’s most famous hacking team, the Emperor Group, has been awarded some high -level cyberTerx since 2016. According to Paradim, the group hacked Sony and the Bank of Bangladesh in 2016 and helped in 2017 or the Vancary 2.0 Ranksware attack.
It has also taken the goal of the cryptocurrency industry to be very much affected. In 2017, the group targeted two crypto exchanges. In 2022, the Lazar group exploited the Ronin Bridge, which resulted in hundreds of millions of people joining the lost assets. And in 2025, he stole $ 1.5 billion from the infamous time, causing trauma to the entire crypto community. This group can be behind some Solana Memocaine scams.
As the chains and other organizations have explained, there are also money laundering methods of money laundering after a distance of the Landis group. It breaks the stolen money into smaller and small pieces, and sends them numerous other wallets. It then transforms more unmanned coins for more liquidity people and most of them converts it into BitCoin (BTC). After that, the group can sit on the stolen amount for a long time until the attention of law enforcement agencies is eliminated.
The FBI has so far identified three alleged members of the Lazaris group, accusing them of cybercrime. In February 2021, the US Department of Justice accused the two members of being involved in the global cybercrime.
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