North Korea has stolen more than 2 billion dollars in cryptocurrencies

In 2025, threat actors linked to North Korea have been responsible for an alarming wave of cryptocurrency thefts totaling at least $2.02 billion, out of a global total of more than $3.4 billion stolen this year. This 51% increase compared to the previous year, in which $1.3 billion was stolen, according to Chainalysis’s report on cryptocurrency-related crime, marks the highest recorded level of thefts related to North Korea. Cryptocorea The most significant attack occurred in February, when the cryptocurrency exchange Bybit […]

In 2025, threat actors linked to North Korea have been responsible for an alarming wave of cryptocurrency thefts totaling at least $2.02 billion out of a global total of over $3.4 billion stolen this year. This 51% increase compared to the previous year, in which $1.3 billion was stolen, according to Chainalysis’s report on cryptocurrency-related crime, marks the highest recorded level of thefts related to North Korea.

Cryptocurrency

The most significant attack occurred in February when the cryptocurrency exchange Bybit suffered a breach that resulted in the loss of $1.5 billion. This compromise has been attributed to a threat group known as TraderTraitor, and is related to a machine infected with the Lumma Stealer malware. This type of operation is part of a series of attacks carried out by the acclaimed state-sponsored hacking group from North Korea, the Lazarus Group, which has also conducted significant thefts from other exchanges, such as Upbit in South Korea, from which $36 million was stolen last month.

The infiltration methods used by these actors include adopting false identities to access companies and cryptocurrency services globally, employing a scheme known as Wagemole. This approach implies that North Korean actors act as IT workers, getting employed in legitimate organizations to facilitate their cyberattacks. Research indicates that the stolen funds are laundered through services in Chinese and specialized markets, demonstrating close collaboration with illicit actors in the Asia-Pacific region.

Recently, Minh Phuong Ngoc Vong, a 40-year-old man from Maryland, was sentenced to 15 months in prison for his involvement in this scheme, which allowed North Korean nationals to use his identity to obtain jobs in U.S. government agencies. Vong managed to obtain over $970,000 in wages, while the conspirators worked remotely, facilitating the operation of the Lazarus Group.

Kevin Spacey can't stop causing trouble: in his next movie, he has teamed up with a crypto scammer

Filmmaker Kevin Spacey returns to directing after more than two decades with his new project titled The Portal of Force. This film has generated controversy because its script and the lead role are handled by a man wanted by U.S. authorities in connection with an alleged cryptocurrency Ponzi scheme. The news was announced by Variety, marking an intriguing chapter in Spacey’s attempt to revitalize his career in Hollywood after multiple scandals that led to his downfall. Oh, Kevin Since the last time that […]

Filmmaker Kevin Spacey returns to directing after more than two decades with his new project titled The Portal of Force. This film has generated controversy because its script and the lead role are handled by a man wanted by U.S. authorities in connection with an alleged cryptocurrency Ponzi scheme. The news was announced by Variety, marking an intriguing chapter in Spacey’s attempt to revitalize his career in Hollywood after multiple scandals that led to his downfall.

Oh, Kevin

Since the last time Spacey directed a feature film, many things have changed. After facing serious allegations of inappropriate sexual conduct, his image has been severely affected, which kept him away from the film industry for years. The Portal of Force reveals itself not only as his personal comeback, but also as a work marked by the echo of the controversy surrounding him, especially with the inclusion of the protagonist noted for suspicious connections to the world of cryptocurrencies.

This film has raised questions about responsibility and ethics in the film industry, given that the sector has had to deal with a growing wave of accusations and demands for social justice. In a climate where the reputation of artists can be ruined in an instant, many wonder if Spacey’s return is an indication that Hollywood is ready to accept those who have been at the center of controversy.

As the project progresses, public and critical attention will surely focus on Spacey’s creative decisions and how he will address the controversial narrative linked to his film. The combination of his attempt to return to directing and the legal implications of the main screenwriter poses a fascinating dilemma about the future of the entertainment industry.

Cryptocurrencies are skyrocketing again thanks to Trump

The start of Donald Trump’s term has been well received at the cryptocurrency conference Consensus, which is taking place in Toronto, where participants expressed their desire for regulatory clarity now that Republicans control Congress. Lawyers specializing in digital assets stated that platforms are seeking a clear framework to operate in the sector, a desire echoed after months of uncertainty under the administration of Joe Biden. Eric Trump, son of the president and co-founder of the cryptocurrency company American Bitcoin, is one of the speakers at the conference, which […]

The start of Donald Trump’s term has been well received at the Consensus cryptocurrency conference, which is taking place in Toronto, where participants expressed their desire for regulatory clarity now that Republicans control Congress.

Specialized lawyers in digital assets stated that platforms are seeking a clear framework to operate in the sector, a desire that resonates after months of uncertainty under the administration of Joe Biden.

Eric Trump, son of the president and co-founder of the cryptocurrency company American Bitcoin, is one of the speakers at the conference, raising questions about potential conflicts of interest.

Investors Bet on Trump to Exploit the Value of Cryptos

Eric Trump’s involvement in the crypto sector includes not only his business but also his engagement in family projects such as World Liberty Financial and the meme coin $TRUMP. It has been reported that the value of the latter skyrocketed when an exclusive dinner with the president was announced, which would be attended by its main holders.

Cryptocurrency investors have provided significant financial support to Trump’s presidential campaign, contributing millions of dollars in the hope that his return will bring a change in the government’s perspective towards cryptocurrencies.

In this regard, Annemarie Tierney, a regulation expert, suggested that a return of Trump could mean a “reset” in the relationship between the industry and Washington, especially after the restrictions imposed by the Biden administration.

The Congress is evaluating two bills on cryptocurrencies: one on stablecoins, which are linked to the dollar, and another that seeks to create a regulatory framework for the digital asset market. However, Democrats have expressed concerns about Trump’s increasing interests in the sector during his term, complicating the advancement of these initiatives. Experts agree that it is crucial to establish clear rules before the political situation changes again in Congress.

One of the largest cryptocurrency scams has just occurred, and a government president is being accused

The Argentine president, Javier Milei, is at the center of a scandal that could mark a milestone in his term, facing serious legal accusations after promoting the cryptocurrency $LIBRA. This announcement, made via a tweet on February 14, unexpectedly boosted the value of the cryptocurrency from zero to $4.7 in a matter of minutes. However, the situation took a drastic turn when large holders of tokens sold off massively, withdrawing $90 million, which led to an abrupt collapse of its price and millions in losses for many investors. How the scam happened […]

The Argentine president, Javier Milei, is at the center of a scandal that could mark a milestone in his term, facing serious judicial accusations following the promotion of the cryptocurrency $LIBRA.

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This announcement, made via a tweet on February 14, unexpectedly boosted the cryptocurrency’s value from zero to $4.7 in a matter of minutes.

However, the situation took a drastic turn when large token holders sold off massively, withdrawing 90 million dollars, which led to an abrupt collapse of its quotation and millions in losses for many investors.

How the multi-million dollar scam happened

Since then, 112 complaints have been filed against Javier Milei, which include charges of fraud, bribery, and conflicts of interest with public office.

There are reasons to believe that this situation could be linked to a scam known as a “rug pull,” in which developers artificially inflate the value of a digital asset to attract investors and then liquidate their holdings, leaving new buyers with worthless coins.

Hayden Mark Davis, one of the creators of $LIBRA, claimed to be an advisor to the president and revealed that he could inject up to 100 million dollars to rescue the asset, although experts have questioned the viability of such a promise.

The crisis of confidence in Milei puts at risk not only his government but also the economic stability of Argentina, at a critical moment of control over inflation.

While some members of his cabinet defend his management as a political attack, the opposition has already begun to consider the possibility of pushing for a motion of censure.

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In response to the growing pressure, Milei has ordered the Anti-Corruption Office to investigate the $LIBRA transactions and has created the Investigation Task Unit (UTI) to address the scandal.