U.S. officials claim that North Korean state-sponsored hackers have stolen over $400 million worth of cryptocurrencies through the use of phoney video calls. In the past 18 months, over 900 individuals have been deceived by the operation known as FaceStealer, according to the FBI.Brett Leatherman, head of cyber operations for the FBI, claims that the North Korean government has stolen billions of dollars’ worth of cryptocurrencies in order to finance its illegal weapons development.
Just one week prior, Binance, the biggest cryptocurrency exchange in the world, disclosed that hackers had stolen a record $6.3 billion (£4.7 billion) from the firm by means of phoney job interviews.
The Binance hack, which is considered the biggest crypto hack to date, was linked to actors affiliated to North Korea, according to US law enforcement officials. Pyongyang rejects the assertion.
The most recent scheme, FaceStealer, “aggressively targets” individuals working in the web3 and bitcoin industries, according to authorities. This includes those responsible for creating and maintaining open-source software.
The US Justice Department and FBI have reported that FaceStealer is a social media account hijacking and fake-calling scam that uses “imposter versions” of Google Meet, Microsoft Teams, and Zoom to lure unsuspecting victims into phoney video conferences.
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