Blog | G5 Cyber Security

North Korean APTs Stole ~$400M in Crypto in 2021

In 2021, the number of North Korean-sponsored crypto attacks grew from four to seven and netted the crooks $400 million, a new report from Chainalysis found. The North Korean regime controls $170 million in crypto balances, garnered from 49 individual hacks conducted between 2017 and 2021. Meanwhile, EtherumMax got sued over an alleged pump-and-dump scam after using celebs like Floyd Mayweather Jr. & Kim Kardashian to promote EMAX Tokens. The lawsuit alleges the company used celebrity promotions to artificially jack up the price of EMAX tokens so executives could cash out for a huge profit.”]

Source: https://threatpost.com/north-korea-apts-stole-400m-cryptocurrency/177638/

Exit mobile version