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North Korean Hackers Used U.S. Shell Companies to Target Crypto Developers

The FBI has seized domains linked to Blocknovas LLC and Softglide LLC, fronts for malware campaigns orchestrated by a Lazarus Group subgroup to steal cryptocurrency and credentials.

A projection of cyber code on a hooded man is pictured in this illustration picture taken on May 13, 2017. Capitalizing on spying tools believed to have been developed by the U.S. National Security Agency, hackers staged a cyber assault with a self-spreading malware that has infected tens of thousands of computers in nearly 100 countries. REUTERS/Kacper Pempel/Illustration TPX IMAGES OF THE DAY
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Overview

  • North Korean hackers registered fake U.S. companies, Blocknovas LLC and Softglide LLC, using false identities and addresses to target cryptocurrency developers.
  • The operation, tied to the Lazarus Group under North Korea’s Reconnaissance General Bureau, used fake job postings and interviews to deploy malware.
  • Silent Push cybersecurity researchers confirmed multiple victims, with Blocknovas identified as the most active front in the campaign.
  • The FBI seized the Blocknovas domain, citing its use in distributing malware and violating U.S. Treasury and U.N. sanctions against North Korean commercial activity.
  • This campaign highlights North Korea's evolving strategy to exploit the crypto sector for funding its government and nuclear missile programs.