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Coin Edition 2024-12-25 11:10:00

FBI Links $308M DMM.com Bitcoin Hack to North Korean Hackers

North Korean hackers behind $308M DMM Bitcoin theft using social engineering tactics. DMM attack linked to TraderTraitor group, compromising employee access for crypto theft. WazirX asset distribution to be decided by creditors, not influenced by DMM hack. The Federal Bureau of Investigation (FBI), Department of Defense Cyber Crime Center (DC3), and Japan’s National Police Agency (NPA) say North Korean cyber actors are responsible for the $308 million Bitcoin heist from DMM.com. The theft happened in May 2024 and is connected to TraderTraitor threat activity. TraderTraitor is also known as Jade Sleet, UNC4899, and Slow Pisces. This incident targeted the Japan-based crypto platform DMM.com . It highlights the growing threat of state-sponsored cybercrime that aims to steal digital assets. The FBI’s investigation traced the cyberattack to advanced tactics used by North Korean hackers. The attack began in March 2024. A North Korean cyber actor posed as a recruiter and contacted an employee of Ginco, a Japan-based crypto wallet software company. Read also : FBI Warns of North Korean Hackers Targeting Crypto Firms The attacker used LinkedIn to approach… The post FBI Links $308M DMM.com Bitcoin Hack to North Korean Hackers appeared first on Coin Edition .

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