North Korean Hackers Stole $600m in Crypto in 2023

Jan. 8, 2024
North Korean Hackers Stole $600m in Crypto in 2023

North Korean hackers stole at least $600m in cryptocurrency in 2023, around a third of the total value of such heists, according to blockchain intelligence firm TRM.

Despite the eye-watering sum, this figure represents a 30% reduction on cryptocurrency stolen by Democratic People’s Republic of Korea (DPRK)-linked hackers compared to 2022, at $850m.

The researchers noted that if additional crypto heists committed in the final days of 2023 are attributed to DPRK, the total amount stolen last year could rise to as much as $700m. This includes an attack on Orbit Chain on December 31, 2023, which led to more than $80m worth of crypto being taken.

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