London Daily

Focus on the big picture.
Wednesday, Mar 25, 2026

US charges North Korean hackers with stealing and extorting more than $1.3bn

US charges North Korean hackers with stealing and extorting more than $1.3bn

Kim Jong Un's regime "has become a criminal syndicate with a flag", the US assistant attorney general says.

The United States has charged three North Korean men with stealing and extorting more than $1.3bn (£940m) from financial institutions and cryptocurrency exchanges around the world.

"North Korea's operatives, using keyboards rather than guns, stealing digital wallets of cryptocurrency instead of sacks of cash, are the world's leading 21st century nation-state robbers," said John Demers, the US assistant attorney general.

"Simply put, the regime has become a criminal syndicate with a flag, which harnesses its state resources to steal hundreds of millions of dollars," he continued, while unveiling the previously sealed federal indictments.

The charges follow a confidential UN report circulated among Security Council members that is believed to have claimed that North Korea had continued to maintain and develop its nuclear and ballistic missile programmes through funding secured with cyber heists.

The three men: Jon Chang Hyok, 31; Kim Il, 27; and Park Jin Hyok, 36, are accused of working for North Korea's military intelligence services, specifically its Reconnaissance General Bureau (RGB).

Park had previously been charged in 2018 for his involvement in hacking on behalf of the North Korean state, but the other two men's names are being made public for the first time.

The indictments against them contain detailed allegations of their involvement in cyber heists, including the attack on Sony Pictures in retaliation for its film The Interview, depicting a fictional assassination of the country's leader, Kim Jong Un.

The men are also accused of creating the WannaCry ransomware which hit the NHS in 2017, as well as the development of fake cryptocurrency applications with backdoors that allowed them to steal users' funds.

Pyongyang has denied involvement in all of these incidents.

"The scope of the criminal conduct by the North Korean hackers was extensive and long-running, and the range of crimes they have committed is staggering," said Acting US Attorney Tracy Wilkison.

"The conduct detailed in the indictment are the acts of a criminal nation-state that has stopped at nothing to extract revenge and obtain money to prop up its regime."


"This case is a particularly striking example of the growing alliance between officials within some national governments and highly sophisticated cyber-criminals," added the US Secret Service assistant director Michael D'Ambrosio.

"The individuals indicted today committed a truly unprecedented range of financial and cyber crimes: from ransomware attacks and phishing campaigns, to digital bank heists and sophisticated money laundering operations.

"With victims strewn across the globe, this case shows yet again that the challenge of cybercrime is, and will continue to be, a struggle that can only be won through partnerships, perseverance, and a relentless focus on holding criminals accountable."

Alongside the three North Koreans a Canadian man, Ghaleb Alaumary, was charged with working as a money launderer for them "among other criminal schemes" that involved millions of dollars.

Comments

casual observer 5 year ago
And that makes stealing ok? Trumps "love buddy" gets a pass because you equate printing money to stealing it?
Oh ya 5 year ago
But it is ok for the US government to steal billions fromb every person that has US dollars buy printing trillions of more USD every year, because every dollar they print devalues the ones in your pocket. If printing more money was the answer Venezuela, Zimbabwe would be in great shape

Newsletter

Related Articles

0:00
0:00
Close
UK Government Rejects Cover-Up Claims After Theft of Former PM Aide’s Phone
Cyprus Opens Strategic Talks with UK Over Sovereign Base Areas
UK Faces Risk of Sharp Inflation Surge Despite Stable Pre-Crisis Figures
UK Police Arrest Two Over Suspected Antisemitic Arson as Iran Link Investigated
UK Inflation Holds at Three Percent Ahead of Oil Price Shock from Iran Conflict
UK Fuel Prices Face Upward Pressure as Global Oil Trends Raise Cost Outlook
Girlguiding UK Sets September Deadline for Membership Policy Change Affecting Trans Participants
Germany and UK Accelerate Wind Power Expansion to Strengthen Energy Security
UK Moves to Ban Cryptocurrency Donations to Political Parties Over Foreign Influence Concerns
UK and Turkey Finalise Major Air Defence Agreement Worth Billions
Apple Introduces Mandatory Age Verification for iPhone Users in the UK
Diverging Views Emerge Over Meghan Markle’s Planned Australia Appearance
Trump Signals Frustration with UK Leadership Amid Diverging Approaches to Iran Conflict
UK Government Takes Control of Hunterston B as Landmark Nuclear Decommissioning Begins
UK Public Inflation Expectations Jump Sharply in March, Raising Pressure on Bank of England
UK Ministers Warn Expanded North Sea Drilling Would Deepen Exposure to Global Energy Volatility
Delayed UK Defence Investment Plan Leaves Suppliers Under Severe Financial Strain
Can Iran Strike the UK? Assessing the Real Military Threat as Conflict Escalates
Sanctioned Iranian Banker Linked to Luxury Marbella Villa Through UK Corporate Structure
Casey Bloys Navigates HBO Max UK Launch, Paramount Integration and Industry Buzz Over Netflix Meeting
Iran Conflict Sparks Sharp Turbulence in UK Mortgage Market, Reaching Pandemic-Era Disruption Levels
Major Donor Urges University of Kentucky to Reconsider Mitch Barnhart’s Post-Retirement Role
United Kingdom Moves to Lead International Effort to Reopen Strait of Hormuz
UK Police Investigate Targeted Attack on Jewish Ambulance Vehicles
UK Police Investigate Targeted Attack on Jewish Ambulance Vehicles
Senior UK Advocate Criticises Barnhart Retirement Appointment, Calls for Reconsideration
UK Finds No Evidence of Direct Iranian Threat to Britain, Says Prime Minister Starmer
Assessing Iran’s Strike Capability and the UK’s Readiness Amid Rising Tensions
NATO Unable to Confirm Iran’s Role in Strike on UK-US Base as Tehran Denies Involvement
University of Kentucky’s Youling Xiong Receives SEC Faculty Achievement Award for 2026
Trump Highlights Satirical Portrayal of UK Leadership Amid Talks with Prime Minister Starmer on Iran Conflict
Trump Highlights Satirical Portrayal of UK Leadership Amid Talks with Prime Minister Starmer on Iran Conflict
UK Fuel Prices Surge Toward Crisis Levels as Experts Warn of Further Sharp Increases
UK Fuel Prices Surge Toward Crisis Levels as Experts Warn of Further Sharp Increases
Duchess of Sussex Secures ‘As Ever’ Trademark Rights in Australia Ahead of High-Profile Visit
UK Reaffirms Security as Officials Reject Claims of Immediate Iranian Missile Threat
Rising Middle East Tensions Spark ‘Trumpflation’ Debate Over Impact on UK Households
UK Minister Says No Evidence Iran Can Strike Europe Despite Heightened Warnings
British-Iranians Voice Safety Concerns to Authorities as Regional Conflict Intensifies
Confirmed Meningitis Cases Linked to Kent Outbreak Revised Down to Twenty
UK Government Sees No Evidence Iran Can Strike London Amid Rising Regional Tensions
Debate Grows Over Recognition of Indigenous Cultural Icons in the United Kingdom
Iran Missile Launch Toward Diego Garcia Raises Questions After Failed Strike on US–UK Base
Donald Trump Amplifies Viral Satirical Clip Highlighting UK–US Political Dynamics
UK Satirical Show Draws Attention with Sketch Referencing Trump and Prince Andrew
Meghan Markle’s Possible UK Return Sparks Renewed Attention on Sussex Role
Starmer Convenes Urgent Talks on Cost-of-Living Pressures Linked to Iran Conflict
Starmer Convenes Urgent Talks on Cost-of-Living Pressures Linked to Iran Conflict
UK Investors Eye Bargain Shares Ahead of ISA Deadline Amid Market Volatility
UK Investors Eye Bargain Shares Ahead of ISA Deadline Amid Market Volatility
×