The United States, Japan and South Korea have issued a warning against North Korean threat actors, who are actively and aggressively targeting the cryptocurrency industry. In their joint advisory, the countries said threat actor groups affiliated with the Democratic People's Republic of Korea (DPRK) continue to stage numerous cybercrime campaigns to steal cryptocurrency.

The United States, South Korea, and Japan have jointly accused North Korean state-backed hackers of stealing over $659 million in cryptocurrency last year. The announcement also warns that threat groups linked to the Democratic People's Republic of Korea (DPRK) are still actively targeting blockchain technology industry companies.

The US, South Korea, and Japan warn the tech industry about North Korean hackers using malware and remote IT job scams to orchestrate the crypto heists.

A joint report by Japan, South Korea, and the US links the DPRK-affiliated Lazarus Group with last year’s $235 million theft from an Indian crypto exchange.

North Korean hackers stole some US$659 million worth of crypto assets through multiple hacks in 2024 as it continues its malicious cyber activities to fund its illicit weapons programs, a joint statement by South Korea,