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COINTURK NEWS > Cryptocurrency Law > North Korean Hackers Deceive Cryptocurrency Enthusiasts with Fake Companies
Cryptocurrency Law

North Korean Hackers Deceive Cryptocurrency Enthusiasts with Fake Companies

In Brief

  • North Korean hackers exploit fake companies to target cryptocurrency investors.

  • The FBI has seized the domains of these fraudulent companies.

  • Cybersecurity experts urge vigilance against emerging cyber threats.

Ömer Ergin
Ömer Ergin 3 weeks ago
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North Korean cyber attackers have infiltrated the United States by creating fake corporate structures to hack cryptocurrency investors.

Contents
Cryptocurrency ScammersFBI Intervention

Cryptocurrency Scammers

Authorities report that two companies, Blocknovas LLC and Softglide LLC, were established in New Mexico and New York using false identities and addresses. Cybersecurity researchers indicate that these companies were created to gain a legitimate appearance. It has been determined that these firms have begun to operate unlawfully and would not pass legal scrutiny.

The method employed by these fake companies involves publishing real job advertisements to lure cryptocurrency developers. When individuals apply for these positions, a strategy is employed where malware can be installed on their computers. Consequently, attackers can gain access to developers’ cryptocurrency wallets and passwords, facilitating larger-scale assaults.

Kasey Best, Director of Threat Intelligence at Silent Push, stated, “Such attacks clearly demonstrate North Korean hackers’ attempts to establish legal company structures in the U.S. and harm individuals’ crypto assets through fake job postings. This situation is alarming in terms of information security for both individuals and businesses.”

FBI Intervention

The FBI has taken action regarding this issue. Reports indicate that the Federal Bureau of Investigation has seized the internet domains of the fake companies. After this intervention, conducted through a court order, warnings were issued for users in the area concerning the security of their devices.

Cybersecurity experts warn individuals who applied for the fraudulent job postings to scan their devices for malware as soon as possible and take necessary security measures. Such incidents are noted as part of the rising global cyber threats.

This incident highlights the importance of international cooperation and security protocols, considering the dynamics of global cybersecurity.

In light of these developments, the attacks organized through established legal structures demonstrate the severity of security vulnerabilities and cyberattack risks in the digital realm. It is crucial for readers to remain vigilant during digital communication and information exchange, utilize updated security software, and follow official warnings.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 27 April, 2025 - 10:31 pm 27 April, 2025 - 10:31 pm
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