lazarusholic

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more than $16.58M in payments since January 1, 2025 or $2.76M per month has been sent to North Korean IT workers

2025-07-02, ZachXBT
https://archive.is/WzlgH
#ITWorker

Contents

1/ My recent investigation uncovered more than $16.58M in payments since January 1, 2025 or $2.76M per month has been sent to North Korean IT workers hired as developers at various projects & companies.

To put this in perspective payments range from $3K-8K per month meaning they have infiltrated 345 jobs on the low end or 920 jobs on the high end.


2/ Here’s a look into one of the six clusters I have been monitoring and was able to attribute 8 different DPRK ITWs that obtained roles at 12+ projects.

I traced out the payment addresses from the table to two consolidation addresses.

0x58225fed0714e5b9b235642eba7dae3714090a2d
0xa7f9555c34626eb81b64774356a40ca1a6a794ca

3/ Sandy Nguyen (@Bullish Gopher) a DPRK ITW from this cluster was spotted via OSINT next to the North Korea flag at an event in Russia.

A small group of people still believe North Korean devs are just a conspiracy despite all of the IOCs, research, etc widely …