US Raises $10 Million Bounty for North Korean Crypto Hacking Whistleblowers

The US agency has increased its bounty from $5 million to $10 million for those who can help them fight North Korea’s cybercrime.

US Department of State Pledged to give up to $10 million to anyone who provides valuable information that can be used to deal with North Korea’s Crypto Hacker Group. This amount has doubled to what was said in March 2022.

The agency needs help

North Korean hacking groups have been wreaking havoc on American authorities for years. The Hacker Group Is Behind The Million Dollar Crypto Loss Event In The Past

Blockchain research firm Chainalysis reportThat North Korean cybercriminals stole nearly $400 million in digital assets by 2021, with most of that money coming from exchanges and investment firms.

Last month, blockchain analytics firm Elliptic said the notorious gang of cybercriminals in the East Asian country known as The Lazarus were the ones that made Harmony lost over $100 million.

It looks like the US State Department. will be aimed at those hacker groups. Because it has increased the prize money to 10 million dollars.

Problems at the US Department of State is facing now is Those hackers use sophisticated techniques to steal and launder. Cryptocurrency In February of this year, the Center for a New American Security (CNAS) announced that the Lazarus hacker group was one of the fastest growing hacking groups in the world. by saying that they are “Global cybercriminal expert army”

North Korea Is The World Champion In Crypto Crime

A few weeks ago, Coincub stated that the East Asian country has becomeThe world’s crypto hacking superpower It has been reported that North Korean cybercriminals have hacked. Over $1.5 Billion Cryptocurrency In Recent Years

Coincub Claims Pyongyang Government Controls All Attacks And some gang members may have a close relationship with Kim Jong-un and people close to him.

The United States, Russia, China, and the United Kingdom are among the top 5 countries where crypto hacking groups grow the most.

Source : CryptoPotato

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