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Study: North Korean hackers have stolen $1.6 billion in cryptocurrency this year by using fake job offers to infiltrate cloud systems
August 6, 2025
CoinFeed News
North Korean hacker groups are infiltrating cloud systems through fake IT job offers, and are estimated to have stolen $1.6 billion worth of cryptocurrency by 2025. Research shows that the hacker team codenamed UNC4899 (also known as TraderTraitor, Jade Sleet, or Slow Pisces) posed as recruiters on social media, tricking employees of targeted companies into running malicious programs. They successfully hacked into Google Cloud and AWS systems and hijacked cryptocurrency trading hosts.