A recent crypto investigation delved into a major issue within the industry, uncovering the extensive involvement of North Korean hackers. The report highlighted how these hackers have targeted and infiltrated various crypto companies, posing significant legal and cybersecurity threats to both businesses and investors. CoinDesk's investigation revealed that numerous crypto firms, such as Fantom and Sushi, had unknowingly hired IT workers from North Korea, leading to potential risks. The extent of this infiltration was found to be more widespread than initially thought, with many industry experts acknowledging the prevalence of DPRK developers in the sector. The hackers primarily rely on social engineering tactics to gain access to private keys and funds, rather than traditional hacking methods. Several projects, including Munchables, have fallen victim to coordinated attacks orchestrated by North Korean actors. The investigation underscores the importance of vetting employees and implementing robust security measures to mitigate such risks in the crypto space. Read more AI-generated news on: https://app.chaingpt.org/news