Wednesday, February 12, 2025
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The United States, Japan, and South Korea issued a joint statement addressing cyber threats emanating from the Democratic People’s Republic of Korea (DPRK).

The three countries issued a joint public warning for the first time, underscoring the severity of the threat posed by state-sponsored hacking groups.

Main points:

  • Identified significant incidents. DRC-linked actors have been linked to multiple thefts in 2024, including $235 million from WazirX. Other targets include DMM Bitcoin ($308 million) and Upbit ($50 million).
  • Collaborative recovery efforts. The three countries are working to recover the stolen funds, with the goal of denying the DPRK illicit revenue that supports its weapons programs.
  • Strengthened public-private cooperation. Mechanisms such as the Illicit Virtual Asset Notification (IVAN) system and Crypto-ISAC facilitate real-time information sharing and response coordination.

The joint statement underscores the importance of cooperation between nations and the public and private sectors to disrupt these malicious cyber activities and protect the global financial ecosystem.

The cooperation between these countries is a decisive step in the fight against the cyber activities of the DPRK and in strengthening the security of the financial system.

More from the Press:

  • Joint Statement by the Democratic People’s Republic of Korea on Cryptocurrency Theft and Public-Private Cooperation
  • South Korea, the US and Japan identify the $659 million behind North Korea. stealth theft in 2024
  • India’s WazirX hacked by North Korea
  • North Korea responsible for WazirX $235 million crypto hack Say US, Japan, South Korea; issue a global warning
  • North Korea’s Lazarus Group is behind the $235 million WazirX hack, a joint statement from the US, South Korea and Japan confirms.
  • WazirX’s $235 million hack tied to North Korean cyber group; The United States, Japan and South Korea issued a joint statement

Disclaimer: Cryptocurrency is not legal tender and is currently unregulated. Please ensure that you exercise sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information presented in this section does not represent any investment advice or WazirX’s position reserves the right, at its sole discretion, to modify or amend this blog post at any time and for any reason without notice. prior notice.

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