North Korean Hackers Stole $1.3 Billion in Cryptocurrency in 2024

A new report reveals over 60% of global crypto theft this year was linked to North Korea, funding weapons programs and evading sanctions.

North Korea-linked hackers stole $1.3 billion in cryptocurrency in 2024, more than doubling their haul from the previous year.
These hackers accounted for 61% of the $2.2 billion stolen globally in crypto thefts this year, which rose 21% from 2023.
Notable incidents included $305 million stolen from Japan's DMM Bitcoin exchange and $235 million from India's WazirX platform.
The stolen funds are believed to finance North Korea's weapons programs and help the regime circumvent international sanctions.
The report highlights the use of sophisticated tactics, including posing as remote IT workers, to infiltrate crypto and tech firms.