Wednesday, July 30, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

North Koreans Stole $1 Million in Crypto, DOJ Says

by SB Crypto Guru News
July 1, 2025
in Blockchain
Reading Time: 3 mins read
0 0
A A
0


Enjoyed this article?

Share it with your friends!

US prosecutors have charged four North Korean citizens with wire fraud and money laundering after they allegedly pretended to be remote IT workers to steal nearly $1 million in crypto.

The charges were filed in the state of Georgia and involve two blockchain companies based in the US and Serbia.

The US Department of Justice (DOJ) identified the suspects as Kim Kwang Jin, Kang Tae Bok, Jong Pong Ju, and Chang Nam Il. The group reportedly used fake and stolen IDs to hide that they were North Korean citizens.

How to Invest in Crypto: 6 Rewarding Strategies (Animated)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer videos every week!

How to Invest in Crypto: 6 Rewarding Strategies (Animated)

How to Invest in Crypto: 6 Rewarding Strategies (Animated)
How to Invest in Crypto: 6 Rewarding Strategies (Animated)

They started operating from the United Arab Emirates in 2019 before later getting jobs at a blockchain startup in Atlanta and a crypto firm in Serbia between December 2020 and May 2021.

Kim and Jong are accused of using fake documents, including false identification, to secure employment. US Attorney Theodore S. Hertzberg said this method poses a risk for companies that rely on remote workers, as it can be difficult to confirm someone’s true identity.

After getting access to internal systems, the suspects carried out two separate thefts. In February 2022, Jong allegedly stole around $175,000 in cryptocurrency. A month later, Kim exploited smart contract code to take another $740,000.

The stolen money was then moved through mixing services and sent to exchange accounts controlled by Kang and Chang. These accounts were set up using fake Malaysian IDs, investigators said.

According to John A. Eisenberg, the assistant attorney general for national security, the stolen funds were meant to help North Korea avoid sanctions and support its banned weapons programs.

Recently, Dwayne Golden, a 57-year-old man from the US, was sentenced to nearly eight years in prison. What happened? Read the full story.

Aaron S. Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.




Source link

Tags: Bitcoin NewsCryptoCrypto NewsCrypto UpdatesDOJKoreansLatest News on CryptoMillionNorthSB Crypto Guru Newsstole
Previous Post

Tokenized Stocks Now Available on Bybit, Kraken, and Solana DeFi

Next Post

Ethereum Just Got Its MicroStrategy—Tom Lee Bets On ETH Price

Related Posts

Tezos (XTZ) Price Struggles at alt=

Tezos (XTZ) Price Struggles at $0.82 After Recent Volatility Spike

by SB Crypto Guru News
July 30, 2025
0

Rongchai Wang Jul 30, 2025 14:12 XTZ trades at $0.82 with -4.36% decline today, showing bearish...

HKMA Sets Stablecoin Rules, Registry Launch August 1

HKMA Sets Stablecoin Rules, Registry Launch August 1

by SB Crypto Guru News
July 29, 2025
0

Enjoyed this article? Share it with your friends! The Hong Kong Monetary Authority (HKMA) has finalized new rules for companies...

DYDX Price Falls to alt=

DYDX Price Falls to $0.62 Despite MiCA Compliance Boost – Technical Analysis Shows Mixed Signals

by SB Crypto Guru News
July 29, 2025
0

Lawrence Jengar Jul 29, 2025 08:25 DYDX trades at $0.62 after 6.42% decline, but MiCA-compliant whitepaper...

How a Web3 or Blockchain Certification Can Boost Your LinkedIn Visibility

How a Web3 or Blockchain Certification Can Boost Your LinkedIn Visibility

by SB Crypto Guru News
July 29, 2025
0

The spontaneous growth in innovation has pushed the web3 landscape to new heights alongside creating new career paths. Most of...

Sam Altman Flags ChatGPT Privacy Risks

Sam Altman Flags ChatGPT Privacy Risks

by SB Crypto Guru News
July 28, 2025
0

Enjoyed this article? Share it with your friends! OpenAI CEO Sam Altman has warned that anything users say to ChatGPT...

Load More
Next Post
Ethereum Just Got Its MicroStrategy—Tom Lee Bets On ETH Price

Ethereum Just Got Its MicroStrategy—Tom Lee Bets On ETH Price

Bitcoin ETFs add .9B in last week of June ending month strong

Bitcoin ETFs add $2.9B in last week of June ending month strong

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.