North Korean Hackers Steal $1.6B in Crypto via Fake IT Jobs

North Korean Hackers Steal $1.6B in Crypto via Fake IT Jobs
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North Korean hackers have stolen $1.6 billion in cryptocurrency this year by using fake IT job offers to breach cloud systems. The TraderTraitor campaign, active since 2020, employs AI-generated lures and malware to target crypto firms, according to Google and Wiz.

  • North Korean hackers have stolen $1.6 billion in crypto in 2025 using fake IT job offers and AI-generated lures.
  • The TraderTraitor campaign targets cloud systems, with notable breaches including Axie Infinity ($620M) and Bybit ($1.5B).
  • Hackers pose as recruiters or experts to build rapport, using AI to create convincing emails and malicious scripts.
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