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North Korea used LinkedIn and Telegram to hack cryptocurrency exchanges

Posted on October 25, 2022 by admin

North Korea used LinkedIn and Telegram to hack cryptocurrency exchanges

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Answer North Korea used LinkedIn and Telegram to hack cryptocurrency exchanges

In one of the recently published reports that the famous “Lazarus” hacking group, which many analysts attribute to having a connection with the North Korean government, used LinkedIn and Telegram messages as part of an attack that earned about $7 million from the DragonEx platform, which was subjected to an attack. hacked last March.

According According to Radio Free Asia, which transmitted data from the Chinalysis report, the Lazarus hackers created what appeared to be fake LinkedIn accounts, in an attempt to distribute malware among top managers of trading platforms and try to install it on their computers.

The report contains screenshots from the LinkedIn profile of a user named Gabe Frank listed as the “Founder” and “CTO” of a company that runs a digital wallet called “WFC Proof.”

Read:A Binance Hacker Moves $8 Million in Stolen Bitcoin

According to the same source, the hackers, who played the role of “Gabe Frank”, sent undisclosed DragonEx executives messages on both LinkedIn and Telegram and persuaded them to download the malware, convincing them that it was the beta version of a new cryptocurrency trading bot.

Instead, the program appears to contain malware that allowed Lazarus to obtain the private keys to the exchange’s wallets.

In an earlier excerpt from the Chainalysis report, I told:

Although the DragonEx hack is relatively small, it was notable for what the Lazarus group had done in order to infiltrate the exchange’s systems in a sophisticated phishing attack.

Lazarus created a complete fake company with a website and social media presence for employees.

Lazarus went so far as to build a software product similar to the trading robot he claimed to sell.

Read:The crypto market reacts to the Fed Chairman’s speech regarding inflation measures

What shows the extent of deception and fraud carried out by hacker groups to hunt down their victims.

Read also:

The worst events in the crypto and cryptocurrency markets in 2019

10 Cryptocurrency Exchanges Hacked in 2019… Get to Know It


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