North Korean hackers are reported to have stolen $1.3 billion in cryptocurrency this year, accounting for over half of the global total. These state-sponsored attacks highlight the increasing threat to the cryptocurrency industry and its need for enhanced security measures. The thefts are believed to fund North Korea’s weapons programs, evading international sanctions.
Results for: Cryptocurrency Theft
A man in Arizona was arrested for allegedly posing as an Uber driver and stealing over $300,000 in cryptocurrency from unsuspecting passengers. The sophisticated scam involved gaining access to victims’ phones under the guise of troubleshooting the ride-sharing app.
A woman in Delhi lost ₹3 crore worth of cryptocurrency after her friend, who had access to her phone while on ‘flight mode’, siphoned off her bitcoins. The accused allegedly used a ‘tumbler’ to hide the money trail and converted some crypto into cash.