Sunday 15 November
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North Korean hackers used fake video calls to steal over $400 million in crypto, FBI says

Severity
High
Sources
2

The , speaking through Los Angeles counterintelligence and cyber special agent Jeremy Robertson, says North Korean actors ran a social engineering campaign (FaceDealer per CryptoPotato; FaceStealer per Decrypt) that used hijacked Telegram or LinkedIn accounts, pre-recorded webcam footage and fake or Teams meetings to deliver fake update malware, reportedly yielding over $400 million in 18 months across more than 900 victims. The FBI has disrupted infrastructure used in the scheme. Decrypt also reports the is moving to seize $1.2 billion linked to the hack, while CryptoPotato reports the FBI attributed a $6.3 billion Binance breach to the TraderTraitor campaign. Pyongyang denies the claims.

For experienced traders · Written by AI from 2 sources · Wrong?

What to do

  1. Be cautious of unexpected video call invitations that ask you to install software or an update, even when they appear to come from a known contact.
  2. Verify with a known contact through a separate channel if a meeting invitation comes from an account that may have been hijacked.
  3. Watch for the DOJ's reported move to seize $1.2 billion tied to the Binance hack.

Written by AI from the sources, checked against them

Full story timeline · 2 updates

  1. Thu 12 NovemberNorth Korea Stole $400 Million in Crypto Using Deepfake Video Calls, DOJ SaysDecrypt
  2. Sat 14 NovemberCrypto Executives Targeted in $400M North Korea Hacking Scheme: FBICryptoPotato

Who reported · 2 outlets

DecryptCryptoPotato

Who and what is in it

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