Did you hear about the $308 million Bitcoin theft from DMM Bitcoin in Japan? It’s all over the news!
Wow, that’s a lot of money! How did it happen? Did someone rob a bank or something?
Not a bank, but it’s similar. Hackers from North Korea tricked someone at the company with a fake job offer message.
A job offer? That sounds harmless. How did they steal Bitcoin with that?
Good question! The hackers sent a message on social media pretending to be a recruiter. When the employee clicked the link in the message, it installed a virus on their computer.
Oh no! So the virus did all the stealing?
Kind of. The virus gave the hackers access to the company’s systems. They used it to get information about how to control Bitcoin transactions, and then they changed the amounts and the recipients of the transfers.
That’s scary! Why didn’t the company notice right away?
Sometimes these attacks are really sneaky. By the time they notice, it’s already too late. The hackers are really good at covering their tracks.
Who are these hackers? Just some random criminals?
No, they’re part of a group called Lazarus. It’s linked to the North Korean government. They’ve done this before with other cryptocurrency companies.
North Korea? Why are they stealing Bitcoin?
Bitcoin and other cryptocurrencies are hard to trace, so it’s easy for them to use the money without getting caught. Plus, it helps them avoid sanctions and fund their government activities.
That’s insane. So what’s being done about it?
The Japanese police and the FBI are working together on this. They’ve warned everyone to be super careful about clicking on suspicious messages.
I’ll definitely be careful! No clicking strange links for me. It’s crazy how dangerous a simple message can be.
Exactly. Always double-check messages, especially if they seem too good to be true. It’s better to stay safe!