North Korea Arrests Military Hackers Over Crypto Laundering Scheme Targeting State Banks

North Korean authorities have reportedly arrested former military hackers accused of siphoning funds from state-owned banks and laundering the proceeds through cryptocurrency—an unusual disclosure that highlights Pyongyang’s growing concern over internal financial leaks even as it remains under intense global sanctions scrutiny.

The arrests were first reported on July 25 UTC by CoinDesk, citing Daily NK and an anonymous source in Pyongyang. According to the report, the suspects allegedly infiltrated internal systems at the Central Bank of North Korea and Korea Trade Bank, diverted foreign…  Read more

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