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CZ Warns Crypto Firms of North Korean Recruitment Scams Targeting Hiring and Support

Binance founder Changpeng Zhao urged tighter hiring defenses after detailing recruiter-style lures targeting crypto staff.

Overview

  • Zhao outlined tactics in which DPRK-linked actors pose as job candidates, recruiters, or customers to plant malware and gain insider access at crypto companies.
  • Methods described include fake Zoom “updates,” booby-trapped “sample code,” and malicious links sent through support tickets that compromise employee devices.
  • Zhao cited a breach at an outsourced provider in India that he said preceded more than $400 million in losses at a U.S. exchange.
  • Security Alliance released a database of over 60 known impostor profiles tied to North Korean operatives and called for broader information sharing to slow identity recycling.
  • Reporting links these operations to state-backed groups such as Lazarus and Famous Chollima, reinforcing calls for stronger vetting, onboarding controls, and employee training across the sector.