North Korean cyber group TraderTraitor has struck again, stealing $308 million worth of Bitcoin ($BTC ) from Japan-based Bitcoin.DMM.com. Here’s how this massive cryptocurrency heist unfolded—and what it means for the industry:

🔑 Key Highlights
1️⃣ Attack Details:
Hackers used social engineering on LinkedIn to target a Ginco employee with access to Bitcoin.DMM’s wallet system.A malicious Python script on GitHub served as the entry point for the breach.The result: unauthorized transfer of 4,502.9 $BTC valued at $308M.
2️⃣ Sophisticated Techniques:
LinkedIn Phishing: Cybercriminals posed as recruiters to gain trust.GitHub Exploitation: The victim unknowingly executed malware disguised as a coding test.Session Hijacking: Hackers leveraged compromised credentials to impersonate the employee and intercept transactions.
3️⃣ Global Investigation:
Collaboration between the FBI, Japan’s National Police Agency (NPA), and the Department of Defense Cyber Crime Center (DC3).Authorities are tracking funds and identifying TraderTraitor’s patterns to mitigate future risks.
🌍 Why It Matters
Rising Threat: North Korea continues to use crypto theft as a strategy to bypass international sanctions.Social Engineering: Professional platforms like LinkedIn and GitHub are becoming critical attack vectors.Industry Impact: The incident highlights the urgent need for stronger cybersecurity practices in the crypto space.
💡 How to Stay Safe
Verify Contacts: Always double-check LinkedIn messages, especially from unknown recruiters.Avoid Unknown Scripts: Never execute code or open links without verifying their source.Strengthen Security: Use two-factor authentication and monitor for suspicious account activity.

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