U.S. Charges 3 North Korean Hackers Over $1.3 Billion Cryptocurrency Heist
Feb 18, 2021
The U.S. Department of Justice (DoJ) on Wednesday indicted three suspected North Korean hackers for allegedly conspiring to steal and extort over $1.3 billion in cash and cryptocurrencies from financial institutions and businesses. The three defendants — Jon Chang Hyok, 31; Kim Il, 27; and Park Jin Hyok, 36 — are said to be members of the Reconnaissance General Bureau, a military intelligence division of North Korea, also known as the Lazarus group , Hidden Cobra , or Advanced Persistent Threat 38 (APT 38). Accusing them of creating and deploying multiple malicious cryptocurrency applications, developing and fraudulently marketing a blockchain platform, the indictment expands on the 2018 charges brought against Park , one of the alleged nation-state hackers previously charged in connection with the 2014 cyberattack on Sony Pictures Entertainment. A Wide-Ranging Scheme to Commit Cyberattacks and Financial Crimes "North Korea's operatives, using keyboard...