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North Korea runs a state programme that recruits top students into crypto heists such as the $6.3 billion Binance hack

By ChordNews · First written

How North Korea turns child prodigies into crypto thieves
Image: scmp.com
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Summary

North Korea rewards its top hackers, including those assigned heists such as the Binance crypto hack that netted US$6.3 billion, with perks such as spacious apartments in the capital and large hard-currency awards for long hours of work. Leader Kim Jong-un has built an army of world-class hackers through a programme more than a decade old that picks 200 of the smartest middle school students each year to study computer engineering, according to defectors and analysts.

This continues an earlier story: FBI blames North Korea for $6.3 billion Binance crypto hack; exchange replaces 90% of stolen funds

Timeline

  1. South China Morning Post

    Source ↗

    North Korea rewards its top hackers, who carry out heists such as the Binance crypto hack that netted US$6.3 billion, with apartments in the capital and large hard-currency awards, and Kim Jong-un's hacker army is built through a programme that picks 200 of the smartest middle school students each year, defectors and analysts say.

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