London Daily

Focus on the big picture.
Wednesday, Feb 04, 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
Political Censorship: French Prosecutors Raid Musk’s X Offices in Paris
AI Invented “Hot Springs” — Tourists Arrived and Were Shocked
Tech Mega-Donors Power Trump-Aligned Fundraising Surge to $429 Million Ahead of 2026 Midterms
UK Pharma Watchdog Rules Sanofi Breached Industry Code With RSV Vaccine Claims Against Pfizer
Melania Documentary Opens Modestly in UK with Mixed Global Box Office Performance
Starmer Arrives in Shanghai to Promote British Trade and Investment
Harry Styles, Anthony Joshua and Premier League Stars Among UK’s Top Taxpayers
New Epstein Files Include Images of Former Prince Andrew Kneeling Over Unidentified Woman
Starmer Urges Former Prince Andrew to Testify Before US Congress About Epstein Ties
Starmer Extends Invitation to Japan’s Prime Minister After Strategic Tokyo Talks
Skupski and Harrison Clinch Australian Open Men’s Doubles Title in Melbourne
DOJ Unveils Millions of Epstein Files, Fueling Global Scrutiny of Elite Networks
France Begins Phasing Out Zoom and Microsoft Teams to Advance Digital Sovereignty
China Lifts Sanctions on British MPs and Peers After Starmer Xi Talks in Beijing
Trump Nominates Kevin Warsh as Fed Chair to Reorient U.S. Monetary Policy Toward Pro-Growth Interest Rates
AstraZeneca Announces £11bn China Investment After Scaling Back UK Expansion Plans
Starmer and Xi Forge Warming UK-China Ties in Beijing Amid Strategic Reset
Tech Market Shifts and AI Investment Surge Drive Global Innovation and Layoffs
Markets Jolt as AI Spending, US Policy Shifts, and Global Security Moves Drive New Volatility
U.S. Signals Potential Decertification of Canadian Aircraft as Bilateral Tensions Escalate
Former South Korean First Lady Kim Keon Hee Sentenced to 20 Months for Bribery
Tesla Ends Model S and X Production and Sends $2 Billion to xAI as 2025 Revenue Declines
China Executes 11 Members of the Ming Clan in Cross-Border Scam Case Linked to Myanmar’s Lawkai
Trump Administration Officials Held Talks With Group Advocating Alberta’s Independence
Starmer Signals UK Push for a More ‘Sophisticated’ Relationship With China in Talks With Xi
Shopping Chatbots Move From Advice to Checkout as Walmart Pushes Faster Than Amazon
Starmer Seeks Economic Gains From China Visit While Navigating US Diplomatic Sensitivities
Starmer Says China Visit Will Deliver Economic Benefits as He Prepares to Meet Xi Jinping
UK Prime Minister Starmer Arrives in China to Bolster Trade and Warn Firms of Strategic Opportunities
The AI Hiring Doom Loop — Algorithmic Recruiting Filters Out Top Talent and Rewards Average or Fake Candidates
Amazon to Cut 16,000 Corporate Jobs After Earlier 14,000 Reduction, Citing Streamlining and AI Investment
Federal Reserve Holds Interest Rate at 3.75% as Powell Faces DOJ Criminal Investigation During 2026 Decision
Putin’s Four-Year Ukraine Invasion Cost: Russia’s Mass Casualty Attrition and the Donbas Security-Guarantee Tradeoff
Wall Street Bets on Strong US Growth and Currency Moves as Dollar Slips After Trump Comments
UK Prime Minister Traveled to China Using Temporary Phones and Laptops to Limit Espionage Risks
Google’s $68 Million Voice Assistant Settlement Exposes Incentives That Reward Over-Collection
Kim Kardashian Admits Faking Paparazzi Visit to Britney Spears for Fame in Early 2000s
UPS to Cut 30,000 More Jobs by 2026 Amid Shift to High-Margin Deliveries
France Plans to Replace Teams and Zoom Across Government With Homegrown Visio by 2027
Trump Removes Minneapolis Deportation Operation Commander After Fatal Shooting of Protester
Iran’s Elite Wealth Abroad and Sanctions Leakage: How Offshore Luxury Sustains Regime Resilience
U.S. Central Command Announces Regional Air Exercise as Iran Unveils Drone Carrier Footage
Four Arrested in Andhra Pradesh Over Alleged HIV-Contaminated Injection Attack on Doctor
Hot Drinks, Hidden Particles: How Disposable Cups Quietly Increase Microplastic Exposure
UK Banks Pledge £11 Billion Lending Package to Help Firms Expand Overseas
Suella Braverman Defects to Reform UK, Accusing Conservatives of Betrayal on Core Policies
Melania Trump Documentary Sees Limited Box Office Traction in UK Cinemas
Meta and EssilorLuxottica Ray-Ban Smart Glasses and the Non-Consensual Public Recording Economy
WhatsApp Develops New Meta AI Features to Enhance User Control
Germany Considers Gold Reserves Amidst Rising Tensions with the U.S.
×