North Korea Targets Crypto Developers with Fake U.S. Firms

Silent Push experts revealed fake companies in New Mexico and New York targeted job seekers to steal personal and wallet details via malware.

Written By:
Ronak Kumar

Reviewed By:
Dhara Chavda

North Korea Targets Crypto Developers With Fake U.s. Firms

North Korean hackers have taken a new and alarming step by setting up two fake businesses in the U.S. to target cryptocurrency developers with malicious software. The companies, Blocknovas LLC and Softglide LLC, were registered in New Mexico and New York under false identities, according to cybersecurity experts at Silent Push. 

According to Reuters, these companies intended to lure job seekers to apply for fake jobs and, in the process, download malware that would compromise their personal details, including wallet details. This campaign is associated with the Lazarus Group, a hacking group that is funded by North Korea’s Reconnaissance General Bureau. 

The hackers employed various techniques to penetrate the cryptocurrency industry, which is strategic because it is a major source of income for North Korea’s government, especially for its missile development.

The FBI has acted, and the domain of Blocknovas that was related to these attacks was blocked. However, the breach raises the probability of such scams for developers in the crypto industry who may be vulnerable to such attacks. 

Silent Push revealed that some of its victims have already been affected; the malware steals passwords and private keys for crypto wallets. This operation is against the American sanctions that do not allow North Korea to conduct any business within the United States. 

This is a wake-up call to developers to be more careful to protect themselves from more complex attacks in cyberspace.

Also Read: KiloEx Hacker Returns Stolen Funds Just Days After Hack


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Ronak Kumar is a Crypto Journalist with over 3 years of experience covering blockchain, AI, finance, and emerging digital trends. With a background in Commerce (B.Com) and a Postgraduate Diploma in Management (PGDM), he combines business insight with a clear understanding of the evolving crypto space. His reporting has been featured in major publications, with his work cited by NDTV, Hindustan Times, and Outlook India on topics like Trump Memecoin, Bhutan’s crypto mining, and Barron Trump’s digital presence.
Dhara Chavda is a Content Strategist and Research Analyst with 5 years of experience in the crypto industry. She holds a Bachelor’s degree in Computer Engineering and brings a strong technical perspective to her work. Dhara specializes in DeFi, price analysis, and the core mechanics of cryptocurrencies. She also works on crypto news, including research, analysis, and assigning stories, ensuring accurate and timely coverage of key developments in the space.