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North Korean - backed hack stole at least $ 659 million through multiple cryptocurrency holdup in 2024 , while also deploying IT workers to penetrate blockchain society as insider threats , according to Japan , South Korea , and the United States in arare joint statement(PDF ) on Tuesday .
The announcement provide the first prescribed confirmation that North Korea was behind July’s$235 million political hack of WazirX , India ’s largest cryptocurrency interchange . The July 2024 severance drive WazirX to suspend trading and laterrestructure the firm .
Other major plan of attack included a $ 308 million theft from Japan ’s DMM Bitcoin , $ 50 million each from Upbit and Radiant Capital , and $ 16.13 million from Rain Management , accord to the joint statement .
The statement says the Lazarus Group , a known scourge group of North Korean hackers , carry social engineering attacks and deployed cryptocurrency - stealing malware likeTraderTraitorto breach exchanges , while also infiltrate company by suffer North Korean IT proletarian sit as job candidates , according to the statement .
“ The United States , Japan , and the Republic of Korea advise secret sector entity , particularly in blockchain and self-employed person work industries , to thoroughly review these advisory and announcements to advantageously inform cyber scourge mitigation measures and extenuate the risk of inadvertently employ DPRK IT worker , ” the government say .
Earlier U.N. composition estimate that North Koreastole $ 3 billion in cryptocurrencybetween 2017 and 2023 to fund its sanctioned nuclear arm programs . Recent data from Chainalysis show North Korean cyber-terrorist were responsible for for 61 % of all cryptocurrency stolen in 2024 , amount $ 1.34 billion .
