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South Korea sanctions 15 North Koreans for crypto heists and cyber theft

South Korea sanctions 15 North Koreans for crypto heists and cyber theft

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Source: Coin Telegraph

The sanctioned agents were allegedly generating funds for North Korea’s nuclear weapons development program.

North Korean hackers are being pursued by governments worldwide that blame them for more than half of the value of cryptocurrency stolen during 2024.

Hackers like the infamous Lazarus Group are prime suspects in some of the most notorious cyber thefts in Web3, including the $600 million Ronin network hack.

South Korea is the latest country to impose sanctions against 15 North Korean IT organization members and one related group.

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Author: Zoltan Vardai