ZachXBT Reveals North Korean Crypto Hackers’ Modus Operandi

Written By:
Jalpa Bhavsar

Reviewed By:
Gopal Solanky

Zachxbt Reveals North Korean Crypto Hackers’ Modus Operandi

Recent findings by ZachXBT shows that a small team of North Korean IT workers, tied to a recent $680,000 crypto hack, has been using fake identities and mainstream technology to infiltrate crypto projects.

On Wednesday, crypto investigator ZachXBT revealed a rare inside look at a North Korean hacker group, after an anonymous source accessed one of their devices. The information indicated that the hacker group accessed Google resources, VPNs, and borrowed computers to execute their activities and cover their locations.

Fake Identities and Job Infiltration

The information that was leaked shows they used 31 bogus personas, including fabricated government IDs, phone numbers, and bought LinkedIn or Upwork profiles.

They deployed these personas to secure positions like “blockchain developer” and “smart contract engineer” at some cryptocurrency firms. One of the members even went through an interview for a full-stack engineer position at Polygon Labs, while others created fictional work histories at OpenSea and Chainlink.

One of the Spreadsheet of their Google Drive revealed an expense account for $1,489.8 in May alone, for fictitious accounts, VPNs, computer rentals, and AI subscriptions. They managed tasks, meeting schedules, and interview scripts in English, frequently using Google Translate to help them out. Moreover, the group used remote access software such as AnyDesk to work undetectability.

Wider Crypto Theft Network

ZachXBT warns that while these operations aren’t highly sophisticated, they thrive because hiring teams overlook proper background checks. The U.S. Treasury has already sanctioned multiple individuals and entities linked to North Korea’s IT worker network.

This network has stolen millions from the crypto industry, including the high-profile $1.4 billion Bybit exchange hack earlier this year.

Also Read: Koreans Pile Into Stablecoin Frenzy; CRCL Trading Tops, ENA Demand Jumps


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Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.
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Gopal Solanky is a Research Analyst and Writer with over 5 years of experience in DeFi, blockchain, crypto, IT, and financial markets. With a Bachelor's in Computer Applications, he brings a strong technical foundation to his analysis and reporting. Gopal focuses on breaking down complex topics for both seasoned investors and curious readers. His work has been referenced by publications like Business Insider and Vulture.com, highlighting his contributions to industry stories around topics like Huwak Tuah Memecoin and the FTX collapse.