• South Korean CEO sentenced for leaking military secrets to North Korea via crypto.
• Lazarus Group has been linked to major global crypto hacks, including WazirX, Upbit, and others.
• North Korea’s crypto heists have stolen over $3 billion, funding its economy.

A South Korean crypto exchange CEO is headed to prison for four years after being found guilty of espionage. The CEO participated in a scheme to disclose military secrets to a North Korean agent. In return, he received crypto payments, including Bitcoin, totaling around 700 million won ($600,000). 

The convicted CEO collaborated with a North Korean agent and an active-duty South Korean officer. The trio attempted to hack into the South Korean military’s Joint Command and Control System (KJCCS).

Although their hacking attempt failed, they leaked sensitive military information using a burner phone. This breach highlights the dangerous intersection of digital currency and international espionage.

The CEO first met the North Korean agent nine years ago in a cryptocurrency community. The agent lured the CEO into the scheme by offering payments in cryptocurrency on two separate occasions between February a…

The post South Korean Crypto CEO Jailed for Selling Military Secrets to North Korea appeared first on Coin Edition.

• South Korean CEO sentenced for leaking military secrets to North Korea via crypto.
• Lazarus Group has been linked to major global crypto hacks, including WazirX, Upbit, and others.
• North Korea’s crypto heists have stolen over $3 billion, funding its economy.

A South Korean crypto exchange CEO is headed to prison for four years after being found guilty of espionage. The CEO participated in a scheme to disclose military secrets to a North Korean agent. In return, he received crypto payments, including Bitcoin, totaling around 700 million won ($600,000). 

The convicted CEO collaborated with a North Korean agent and an active-duty South Korean officer. The trio attempted to hack into the South Korean military’s Joint Command and Control System (KJCCS).

Although their hacking attempt failed, they leaked sensitive military information using a burner phone. This breach highlights the dangerous intersection of digital currency and international espionage.

The CEO first met the North Korean agent nine years ago in a cryptocurrency community. The agent lured the CEO into the scheme by offering payments in cryptocurrency on two separate occasions between February a…

The post South Korean Crypto CEO Jailed for Selling Military Secrets to North Korea appeared first on Coin Edition.