North Korean Hackers Allegedly Hold 900+ Positions in the Crypto Industry, Here Are the Details!
Jakarta, Pintu News – The increasing creativity of North Korean hackers in infiltrating the crypto industry represents a growing and serious risk. Check out the full information here!
Initial Disclosure
Crypto investigator, ZachXBT, recently revealed that hackers backed by the North Korean regime may have infiltrated between 345 to 920 job positions in the crypto industry.
Since the beginning of the year, crypto companies have paid at least $16.58 million to North Korean IT workers. With a monthly pay rate of $2.76 million and assuming individual salaries range from $3,000 to $8,000, this suggests the minimum number of workers associated with North Korea is 345, with the actual figure possibly reaching 920.
These workers often recommend other North Korean workers to the same company. Many of them showed clear warning signs, including Russian IP addresses despite claiming to live in the US, failing KYC checks, and frequent GitHub username changes.
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Increasingly Sophisticated Infiltration Methods
These North Korean operatives don’t just work on a freelance basis for income. In some cases, they use their inside roles to exploit crypto projects, gaining privileged access that allows them to commit hacking or fraud.
This inside position makes them extremely dangerous to the industry. ZachXBT warns that crypto companies should remain vigilant against this kind of threat.
In particular, he highlighted that North Korean actors are increasingly controlling verified accounts on major US exchanges such as Robinhood and Coinbase. They are also increasingly adept at circumventing KYC and AML procedures designed to prevent this type of infiltration.
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Implications for the Crypto Industry
The presence of North Korean IT workers in the crypto industry raises serious questions about the security and integrity of crypto projects. Companies should beef up their security and be more stringent in their background checks of workers.
This is important to prevent financial and reputational losses that may result from hacking activities. Additionally, the global crypto industry needs to work more closely together in sharing information and best practices to counter these cyber threats.
International and inter-company cooperation will be crucial in identifying and responding to threats posed by operatives of countries such as North Korea.
Conclusion
This case demonstrates the importance of cybersecurity in the growing crypto industry. Crypto companies must continue to innovate and adapt to evolving threats to protect users’ assets and trust.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference
- Zachxbt. North Korean Hackers May Hold 900 Crypto Jobs, Zachxbt Warns. Accessed on July 3, 2025
- Featured Image: CNN
