North Korean Hackers Suspected to have Stolen Millions from a Japanese Cryptocurrency Exchange

North Korean Hackers Suspected to have Stolen Millions from a Japanese Cryptocurrency Exchange

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February 6, 2018 by Bitzamp
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South Korean intelligence officials have accused North Korean hackers of stealing cryptocurrency worth billions of won. Last month, hackers stole $ 530 million from Coincheck, one of the largest cryptocurrency exchanges in Japan. While the attackers have not yet been identified, the South Korean National Intelligence Service told lawmakers that “North Korea estimates this to
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South Korean intelligence officials have accused North Korean hackers of stealing cryptocurrency worth billions of won.
Last month, hackers stole $ 530 million from Coincheck, one of the largest cryptocurrency exchanges in Japan. While the attackers have not yet been identified, the South Korean National Intelligence Service told lawmakers that “North Korea estimates this to be worth billions of won”.

Also Read: South Korea government will not ban exchanges,we will only regulate it says finance minister

Notably, the report of the ongoing investigation by the NIS to verify if North Korea was involved in the theft of $ 58 billion in cryptocurrency from last month’s cryptocurrency currency exchange.

The security firm FireEye said that hackers linked to North Korea has stolen bitcoins from at least three South Korean cryptocurrency since May 2017.
South Korea has encouraged strengthening its security measures and preparing for operations.

Like the CCN last year, the main South Korean cryptocurrency exchange Bithumb has been the target of hacking which has resulted in the loss of about 31,000 users and millions of won in customer account losses. North Korea involved in the piracy process and began to address this problem.

Piracy in Coincheck is so far the largest recorded cryptocurrency theft. Mount. Gox, who went bankrupt in 2014 after losing about $ 480 million in a hack, it was previously the largest heist.

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