The FBI has unveiled details of a $305M Bitcoin heist by North Korea-affiliated hackers using social engineering techniques.
The US Federal Bureau of Investigation and other law enforcement agencies have revealed how malicious actors stole over $300 million from the Japanese crypto exchange DMM in May.
On Dec. 23, the FBI, the Department of Defense Cyber Crime Center (DC3) and the National Police Agency of Japan (NPA) published a rundown of the hack that led to the loss of 4,502.9 Bitcoin (BTC), worth about $305 million at the time of the hack.
According to the FBI, the theft is linked to threat activities by North Korea-affiliated group TraderTraitor, which uses tactics including targeted social engineering directed at company employees.