Hollywood studios, US banks affected in $1.3 billion cryptocurrency hacking spree - News Summed Up

Hollywood studios, US banks affected in $1.3 billion cryptocurrency hacking spree


Hollywood studios and banks were affected in alleged multibillion-dollar cryptocurrency heist. They allegedly stole money while working for North Korea's military intelligence service. The United States has charged three North Korean computer programmers with a massive hacking spree aimed at stealing more than $1.3 billion in money and cryptocurrency, affecting companies from banks to Hollywood movie studios, the Department of Justice said on Wednesday. The indictment alleges that Jon Chang Hyok, 31, Kim Il, 27, and Park Jin Hyok, 36, stole money while working for North Korea's military intelligence services. Officials said on Wednesday that Ghaleb Alaumary, a Canadian-American citizen, has separately pleaded guilty to laundering some of the alleged hackers' money.


Source: News 24 February 17, 2021 18:56 UTC



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