U.S. Seizes .74M in Crypto Tied to North Korea’s Global Fake IT Worker Network

U.S. Seizes $7.74M in Crypto Tied to North Korea’s Global Fake IT Worker Network

The U.S. Department of Justice (DoJ) said it has filed a civil forfeiture complaint in federal court that targets over $7.74 million in cryptocurrency, non-fungible tokens (NFTs), and other digital assets allegedly linked to a global IT worker scheme orchestrated by North Korea. “For years, North Korea has exploited global remote IT contracting and cryptocurrency…

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Investigators Link .4B Bybit Hack to North Korea’s Lazarus Group

Investigators Link $1.4B Bybit Hack to North Korea’s Lazarus Group

Bybit, the world’s second-largest cryptocurrency exchange, suffered a devastating $1.4 billion Ethereum (ETH) hack from a cold wallet breach on February 21, 2025. In the days following the attack, independent blockchain investigator ZachXBT traced the stolen funds directly to North Korea’s Lazarus Group, a notorious state-backed hacking organization. His findings were confirmed by Arkham Intelligence,…

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