Shocking!
Two Russian hackers stole $6.2 million in cryptocurrency in the Philippines!
😱 The Philippine Department of Justice shocked the world by revealing that two Russian citizens were accused of stealing $6.2 million (about 340 million PHP) worth of XRP from the local crypto exchange Coins.ph! It's a crime case straight out of a movie!
🚨 The suspects Avdeev and Yaschuck, who were consultants to Coins.ph, used their in-depth knowledge of the company's system to successfully hack into and steal 12.2 million XRP! Attorney General Remulla said, "The Department of Justice has a responsibility to ensure that the rule of law is maintained in cyberspace."
💰 It is reported that Avdeev faces 23 cybercrime charges, while Yaschuck faces three charges, with bail of 120,000 Philippine pesos each. The suspects attempted to launder money through multiple crypto platforms to conceal the source of funds.
⚠️ This case once again sounded the alarm for cybersecurity, especially on cryptocurrency platforms, where advanced security protocols are essential! In the second quarter of this year, similar cryptocurrency thefts have already lost more than $629 million!
#黑客入侵 #加密货币盗窃 #菲律宾 #BTC下跌分析 #安全 $BTC $ETH $BNB

👽North Korean hackers stole $3 billion in cryptocurrency, and cybersecurity alarm bells are ringing!

Kaspersky Lab’s latest report revealed that North Korea’s Lazarus Group hacker group cleverly stole about $3 billion in cryptocurrency from players by creating a fake blockchain game. The report said that the group of hackers exploited a security vulnerability in the Chrome browser to carry out this carefully planned cyber theft.

Lazarus Group’s hacking activities are not a whim. They have been carrying out this illegal behavior from 2016 to 2022, and the scale of the operation is large. Not only that, they have launched a total of 25 cyber attacks, involving money laundering of up to $200 million.

In addition, the investigation also revealed the existence of a professional developer network in North Korea. This team specializes in providing services for mature cryptocurrency projects and earns up to $500,000 a month. These findings reveal the operating model of a well-organized and well-funded hacker group.

The report analysis found that the game created by Lazarus Group is called DeTankZone or DeTankWar, ​​which revolves around NFT. They used a zero-day vulnerability in Chrome to implant a malware called "Manuscript" into the victim's computer. In this way, they can get the user's password, authentication token, and various cryptocurrencies.

Analysts also revealed the operation logic of Lazarus Group. They developed an NFT-related trap game called DeTankZone or DeTankWar, ​​and used a zero-day vulnerability in the Chrome browser to implant a malware called "Manuscript" into the victim's computer, thereby stealing the user's password, authentication token, and various cryptocurrencies.

It is said that as early as May, Kaspersky Lab discovered this security vulnerability and quickly notified Google officials. However, Google did not seem to be prepared and took a full 12 days to fix this zero-day vulnerability.

The attack of Lazarus Group once again reminds us that we must remain highly vigilant, update software in a timely manner, and strengthen network security protection. At the same time, this incident also highlights the important role of strengthening international cooperation and legislators in formulating cybersecurity regulations. In this digital age, we need to work together to ensure the security of cyberspace.

#LazarusGroup #加密货币盗窃 #Chrome漏洞 #网络安全

🚨 South Korea sanctions North Korean hackers to combat large-scale cryptocurrency theft 🛡️

In the latest news, South Korea has taken action against 15 North Korean hackers suspected of cyber crimes and one entity due to their alleged involvement in large-scale cryptocurrency theft. This issue has garnered global attention, as North Korea is suspected of using cyber actions to fund its weapons program while evading international sanctions.

The South Korean Ministry of Foreign Affairs revealed that the sanctioned individuals are connected to the 313 Bureau under the Mechanical Industry Department of the Workers' Party of Korea, which has been sanctioned by the United Nations Security Council since 2016. They frequently send personnel to IT companies around the world, ostensibly for normal employment, but in reality, they are engaged in cryptocurrency theft activities.

For example, a person named Kim Cheol-min infiltrated IT companies in the United States and Canada, transferring large amounts of foreign currency back to North Korea. There is also a sanctioned corporate entity that specifically sends IT personnel abroad to raise illegal funds for the North Korean regime and military.

According to a report by Chainalysis, last year North Korean hackers stole approximately $1.34 billion worth of cryptocurrency in 47 incidents globally, accounting for 61% of the total cryptocurrency theft cases worldwide in 2023. These hackers use advanced techniques to infiltrate company networks and steal digital assets.

While South Korea's sanctions are an important step, truly stopping North Korea's cyber threats requires global cooperation and more advanced cybersecurity measures. The South Korean government stated that they will continue to work with the international community to prevent North Korea's illegal cyber activities.

Regarding the sanctions imposed by South Korea on North Korea, some believe that this action may be a political retaliation using its power against North Korea. However, others are puzzled about whether these sanctions are based on political motives or on the maintenance of cybersecurity and international rules. Additionally, whether these sanctions can effectively combat North Korea's cybercrime activities is also a noteworthy concern.

💬 Do you think South Korea's implementation of these sanctions is based on political motives, or on the maintenance of cybersecurity and international rules? Do you believe these sanctions can effectively combat North Korea's cybercrime?

👊The U.S. Treasury Department strikes hard to crack down on North Korean cryptocurrency money laundering

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) recently took tough measures to impose sanctions on two individuals and an entity company. These individuals and entities are accused of assisting North Korea in illegal money laundering activities.

Among them, the key figure Sim Hyon Sop was pointed out as an agent of North Korean financial institutions, planning money laundering schemes, including establishing shell companies and managing bank accounts to transfer illegal funds.

In addition, Chinese citizens Lu Huaying and Zhang Jian, who live in the UAE, were accused of facilitating North Korea or its agents since 2022, engaging in facilitating money laundering and cryptocurrency conversion services.

Currently, OFAC has included Lu Huaying, Zhang Jian and their UAE subsidiary Green Alpine Trading, LLC on the sanctions list, accusing them of supporting Sim's illegal activities.

Bradley Smith, acting undersecretary of the U.S. Treasury Department for terrorism and financial intelligence, said that North Korea uses complex criminal schemes to fund its weapons of mass destruction and ballistic missile programs. The U.S. Treasury Department will continue to disrupt the networks that fund the North Korean regime and work with the UAE and international partners to continue to crack down on financial networks that fund North Korea's "sabotage activities."

North Korean hackers have been accused of large-scale cryptocurrency thefts, causing serious damage to the industry. Related incidents include ZachXBT claiming in August that it hacked into 25 projects and stole $1.3 million; North Korean hackers associated with the Lazarus Group in October used loopholes to steal wallet credentials using fake NFT games; South Korean police confirmed in November that their organization planned the 2019 cryptocurrency robbery; and Radiant Capital recently confirmed that a hacker group associated with North Korea in October 2024 carried out a $50 million hacking attack on its DeFi platform.

However, in the face of these allegations, North Korea has always firmly opposed them, claiming that these so-called "sabotage activities" and "hacking attacks" by the United States are unwarranted accusations and a political manipulation by the United States.

💬Finally, what do you think of these US sanctions and North Korean hacker accusations? Do you think these measures can effectively curb illegal money laundering activities?

#美国制裁 #朝鲜黑客 #加密货币盗窃 #金融网络打击