US Government Targets North Korean Hackers, Aims to Seize Stolen Crypto Assets

In a significant move against North Korean cybercrime, the US government has filed a civil complaint seeking to seize assets stolen by hackers linked to the country. This action follows a string of high-profile cryptocurrency hacks and exploits that have resulted in over $120 million in losses during September 2024, according to PeckShieldAlert. The complaint, filed in a US federal court, alleges that the hackers, operating under the guise of various online personas, have been engaged in a sophisticated campaign targeting crypto exchanges and individuals.

The US government is seeking to recover the stolen funds, which are believed to be held in various digital wallets and accounts. The complaint also calls for the identification and prosecution of the individuals responsible for the hacking operations. This move is seen as a major escalation in the US government’s efforts to combat North Korean cybercrime, which has been increasingly targeting the cryptocurrency industry in recent years.

The complaint highlights the vulnerability of the cryptocurrency industry to hacking and the need for robust security measures. It also underscores the importance of international cooperation in combating transnational cybercrime.