
Man linked to $1.3B North Korean BTC hacks gets 11 years in prison
Ghaleb Alaumary is accused of having helped North Korean hackers who made off with $1.3 billion targeting banks and digital currency firms, among other crimes.
Ghaleb Alaumary is accused of having helped North Korean hackers who made off with $1.3 billion targeting banks and digital currency firms, among other crimes.
Judge Castel has ordered Ethereum researcher Virgil Griffith to go back to jail until his trial begins in September 2021.
Ethereum researcher Virgil Griffith has violated his bail by attempting to gain access to an account he controls on a cryptocurrency exchange.
Known as AppleJeus, it poses as legitimate digital currency trading software and has infected victims in over 30 countries around the world, according to federal authorities.
The three suspects are reportedly are members of the Reconnaissance General Bureau, a military agency of North Korea that allegedly attack global financial giants and steal billions of dollars.
North Korea has relied on cyberattacks to fund an upgrade to its nuclear weapons and ballistic missiles arsenal, UN experts have reported.
Ethereum researcher Virgil Griffith will have to face the jury for allegedly assisting the North Korean government to evade sanctions through digital currencies.
U.S. authorities arrested Virgil Griffith in November 2019 after he returned from attending a blockchain conference in North Korea.
U.S. government prosecutors have argued against Virgil Griffith defense's attempts to dismiss the case, saying he knowingly and willfully broke the law with his actions.
Former Ethereum developer Virgil Griffith is seeking to have sanctions violation charges against him dismissed.
BeagleBoyz has reportedly resumed its activities in February 2020, targeting international money transfers and ATM cashouts.
The team of hackers is reportedly controlled by Bureau 121, the division with responsibility for cyber warfare in the rogue state.