US officials promised a $10 million reward for defeating North Korean cybercriminals. The US State Department announced that it will reward up to $10 million to anyone who provides valuable information that can be used against North Korean hackers. The amount is double the amount promised last March.
North Korean hackers have long been a nuisance for US authorities. Hackers stole millions of dollars worth of cryptocurrencies from organizations.
According to data from Chainalysis, North Korean cybercriminals stole $400 million worth of digital assets in 2021 alone.
According to Elliptic, a cyber gang named Lazarus stole $100 million worth of Ethereum by breaching Harmony.
The US State Department has increased the amount of rewards to combat North Korean cybercriminals.
Coincub said a few weeks ago that North Korea has become the world’s crypto hacking superpower. It was stated that hackers operating in the country stole over $1.5 billion in digital assets.