Three North Korean hackers charged in $1.3bn cryptocurrency theft
Group also attacked Hollywood studio overThe Interview movie
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Three North Korean computer hackers have been charged by the US government with stealing more than $1.3bn in cash and cryptocurrency.
The stunning cyber attacks impacted companies from banks to Hollywood movie studios, according to the Department of Justice.
Authorities say that the group of hackers are behind a string of attacks, including the 2014 one against Sony Pictures Entertainment after they released The Interview, which depicted the assassination of North Korea’s leader.
The men, who are part of a North Korean military intelligence agency, are also accused of creating the “WannaCry 2.0” ransomeware, which impacted the National Health Service in the United Kingdom in 2017.
Jon Chang Hyok, 31, Kim Il, 27, and Park Jin Hyok, 36, stole money while working for the Reconnaissance General Bureau unit.
Park had previously been charged in a complaint unsealed in 2018.
All three men are believed to work for the Stalinist dictatorship, but have been stationed abroad, including in China and Russia.
The men are also accused of breaking into banks in Asia and Mexico and Africa between March 2018 and September 2020.
It is alleged they compromised the bank’s networks and SWIFT protocols, and deployed malicious applications that targeted cryptocurrency.
They also took control of ATMs to steal cash directly.
Authorities also say that a Canadian-American citizen, Ghaleb Alaumary, has separately pleaded guilty to laundering money for the accused hackers.
The indictment against the men was filed in December 2020 but only unsealed in federal court in Los Angeles on Wednesday.
“The scope of the criminal conduct by the North Korean hackers was extensive and long-running, and the range of crimes they have committed is staggering.” said Tracy Wilkinson, the acting US attorney for the Central District of California.
And she added: “”he conduct detailed in the indictment are the acts of a criminal nation-state that has stopped at nothing to extract revenge and obtain money to prop up its regime.”
Prosecutors say that one Slovenian cryptocurrency company was ripped off of $75 million, while an Indonesian firm lost $25 million.
The case comes as the valuer of cryptocurrency has spiked by 400 per cent over the last year, with Bitcoin selling for more than $51,000 on Wednesday.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments