North Korean hackers have stolen billions of dollars by breaking into cryptocurrency exchanges and by creating fake identities to get remote jobs for foreign tech firms, a new report finds.
“Stole billions in crypto currency.” And how is crypto better than our current system? Crypto is just billionaires controlling our finances instead of governments. Good job, crypto bros. Any new technology is capitalized on. Always has been, always will.
While I really appreciate the serious links, I thought I was pretty clearly joking. Crypto is inherently unsecure by design. Being able to get scammed out of your money is an intentional feature in crypto currencies.
“Stole billions in crypto currency.” And how is crypto better than our current system? Crypto is just billionaires controlling our finances instead of governments. Good job, crypto bros. Any new technology is capitalized on. Always has been, always will.
Techbros have repeatedly told me you can’t steal crypto. You can only legitimately transfer it, since the ledger is immutable.
Therefore I can only conclude NK earned or was gifted that crypto.
Did they? Or did they tell you that crypto can’t be stolen from cold wallets and that if it is not your keys, it’s not your money?
Lol what? People steal crypto all the time.
Woosh
https://www.fbi.gov/how-we-can-help-you/victim-services/national-crimes-and-victim-resources/cryptocurrency-investment-fraud
https://www.justice.gov/usao-dc/pr/largest-ever-seizure-funds-related-crypto-confidence-scams
Same problems that have persisted for all time. We just can’t track who’s doing it.
Edit: NK probably was gifted it, but thanks to crypto, we’ll never know.
While I really appreciate the serious links, I thought I was pretty clearly joking. Crypto is inherently unsecure by design. Being able to get scammed out of your money is an intentional feature in crypto currencies.