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North Koreans posing as remote workers stole $1M in crypto from Atlanta blockchain security startup
A newly unsealed federal criminal indictment says North Korean criminals stole $1 million in cryptocurrency from Atlanta blockchain security startup Starter Labs.
The FBI indicted Kim Kwang Jin, Kang Tae Bok, Jong Pong Ju and Chang Nam Il on wire fraud conspiracy, wire fraud and money laundering conspiracy charges. According to the FBI, the men used fake and stolen identities to infiltrate the American business as remote IT workers. They then gained their employer’s trust to gain access to the company’s virtual currency and steal it.
The Atlanta business and a Serbian company also targeted said they wouldn’t have hired the men had they known they were North Korean citizens.
All four men indicted are wanted. FBI agents are now offering a $5 million for information.
The North Koreans worked for the Atlanta company for about two years before striking and cleaning out a cryptocurrency account.
