2025-10-22
MSMT
The DPRK’s Violation and Evasion of UN Sanctions through Cyber and Information Technology Worker Activities
#ITWorker
#Sanctions
#Whitepaper
#CryptoCore
#TraderTraitor
#Bybit
#DMM
#WazirX
DMM
#DMM
- Reported: 2024-05
- Locations: Japan
- Motivations: #FinancialGain
- Sectors: #Cryptocurrency
Summary
In May 2024, Japan's DMM Bitcoin exchange was hacked, losing over $304 million in Bitcoin. The breach involved 4,502 BTC being leaked from the exchange's hot wallet. The exact method of the hack remains unclear, with possibilities including a multisig private key compromise or an address spoofing attack. DMM halted certain services and is investigating, while Arkham Intel offered a bounty to track the attackers. This incident ranks as one of the largest crypto thefts in Japan’s history.