📌 Key Highlights & Quick Takeaways:
- State-sponsored North Korean hackers stole more than $400 million in a highly effective fraud scheme using identity theft and artificial int.
- According to Reuters, the FBI also accused North Korean-linked hackers of stealing $6 billion from the cryptocurrency platform Binance this.
- Brett Leatherman, director of the FBI's Cyber Branch Operations, said the North Korean government relies heavily on the proceeds of crypto.
State-sponsored North Korean hackers stole more than $400 million in a highly effective fraud scheme using identity theft and artificial intelligence (AI)-generated fake video calls, the FBI said.
According to Reuters, the FBI also accused North Korean-linked hackers of stealing $6 billion from the cryptocurrency platform Binance this month, but Pyongyang denies the charge.
Brett Leatherman, director of the FBI's Cyber Branch Operations, said the North Korean government relies heavily on the proceeds of cryptocurrency theft to finance its illegal weapons program, and billions of dollars have been stolen over the past few years.
According to the FBI, in addition to the cyberattack on Binance, North Korean hackers have continued to target people involved in the cryptocurrency and web 3 sectors through fraudulent social media techniques.
The American investigative agency has named this fraud scheme 'Face Stealer' through which more than 400 million dollars worth of money was stolen during the last 18 months.
