Binance Founder Changpeng Zhao North Korea’s $1.34B Crypto Theft Tactics
The post Binance Founder Changpeng Zhao North Korea’s $1.34B Crypto Theft Tactics appeared first on Coinpedia Fintech News
Binance co-founder Changpeng Zhao (CZ) has warned that North Korean hackers are using increasingly advanced methods to infiltrate cryptocurrency companies. In a recent X post, CZ explained:
“They exploit trust, creativity, and patience to breach platforms and steal user funds.”
According to Chainalysis, North Korean hackers stole around $1.34 billion in crypto in 2024, with both the U.S. and U.N. confirming that the stolen money is being used to help finance North Korea’s weapons program.
These North Korean hackers are advanced, creative and patient. I have seen/heard:
1. They pose as job candidates to try to get jobs in your company. This gives them a “foot in the door”. They especially like dev, security, finance positions.
2. They pose as employers and try to… https://t.co/axo5FF9YMV
