North Korean Hackers Pull Off $308M Bitcoin Heist from Crypto Firm DMM Bitcoin

Japanese and U.S. authorities have formerly attributed the theft of cryptocurrency worth $308 million from cryptocurrency company DMM Bitcoin in May 2024 to North Korean cyber actors.

“The theft is affiliated with TraderTraitor threat activity, which is also tracked as Jade Sleet, UNC4899, and Slow Pisces,” the agencies said. “TraderTraitor activity is often characterized by targeted social engineering directed at multiple employees of the same company simultaneously.”