North Korean Hackers Stole $1.3 Billion in Crypto in 2024 (1)

December 19, 2024, 1:51 PM UTC

North Korea-linked hackers stole more from cryptocurrency platforms this year than ever before, according to Chainalysis Inc., showcasing rising capabilities that researchers say threaten US national security.

Digital thieves linked to North Korea utilize advanced methods such as manipulating remote work opportunities and are responsible for more than half of the total $2.2 billion stolen from platforms in 2024, the blockchain analytics company said in a report Thursday. North Korean-affiliated groups stole $1.34 billion in 47 incidents 2024, up from $660.5 million across 20 incidents in 2023, according to the company’s findings.

The US Department of Justice on December ...

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