News Explorer — Deeper Dive Into North Korean Operators Using Foreigners to Infiltrate Crypto Firms

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Jul 9, 5:14 am

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Deeper Dive Into North Korean Operators Using Foreigners to Infiltrate Crypto Firms

Fraser Edwards, CEO of Cheqd, revealed attempts by North Korean operators to infiltrate tech companies by using foreigners as fronts during the recruitment process. Chainalysis reported a 21% increase in crypto platform hacks in 2024, with $1.34 billion attributed to North Korean state actors.

Fraser Edwards, CEO of Cheqd, revealed attempts by North Korean operators to infiltrate tech companies by using foreigners as fronts during the recruitment process. Chainalysis reported a 21% increase in crypto platform hacks in 2024, with $1.34 billion attributed to North Korean state actors.

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