Japan, South Korea, and the US issue joint warning over North Korea-related crypto thefts

Japan, South Korea, and the US issued a joint statement warning about the threat of North Korean hackers targeting the global crypto industry. The statement highlighted high-profile hacks in 2024, resulting in over $370 million in losses. The authorities emphasized the need for increased cybersecurity measures and collaboration between governments and private sector stakeholders. Additionally, victims lost $2.3 billion to crypto fraud in 2024, with North Korean actors responsible for stealing $1.3 billion worth of crypto.