DOJ charges North Korean hackers over cryptocurrency thefts and cyberattacks

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” As laid out in todays indictment, North Koreas operatives, using keyboards rather than guns, taking digital wallets of cryptocurrency instead of sacks of money, are the worlds leading bank robbers,” Assistant Attorney General John C. Demers, of the DOJs National Security Division, stated in a statement. “The department will continue to confront harmful nation state cyber activity with our special tools and work with our fellow agencies and the family of standards abiding nations to do the exact same.”.

Jon, Kim and Park have each been charged with one count of conspiracy to commit computer fraud and abuse, and one count of conspiracy to devote wire fraud and bank fraud. The DOJ likewise revealed that a Canadian-American citizen pled guilty to acting as a cash launderer for the supposed hackers.

Additionally, authorities declare the people ran a blockchain plan that offered potential financiers a stake in marine shipping vessels. The DOJ states that enabled North Korea “to privately acquire funds from financiers, control interests in marine shipping vessels and avert US sanctions.”

To name a few criminal offenses, the supposed hackers are accused of taking tens of millions of dollars worth of cryptocurrency. According to the indictment, they carried out spear-phishing campaigns against the Department of State and Department of Defense, in addition to aerospace, energy and tech companies.

The Department of Justice has unsealed charges against 3 alleged North Korean hackers. It accused them of conspiring to perform a string of cyberattacks and to obtain and take over $1.3 billion in money and cryptocurrency from banks and organizations. The indictment also claims they conspired to establish and launch destructive cryptocurrency apps.

Park Jin Hyok, one of the defendants, was previously charged in connection with the 2014 Sony Pictures hack and the 2017 WannaCry ransomware attack. Authorities claim that the defendants all work for North Koreas military intelligence company, the Reconnaissance General Bureau..

Federal authorities have actually linked alleged North Korean hackers to other attacks in recent years. In 2018, the FBI and Department of Homeland Security accused a group called Hidden Cobra of penetrating the worldwide media, aerospace, vital and financial facilities industries.