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Web3 audit firm SEAL founder: North Korean Crypto Assets have infiltrated 15-20% of crypto companies.
According to Deep Tide TechFlow news on November 24, reported by DL News, Pablo Sabbatella, founder of the Web3 auditing company opsek and a member of the Security Alliance (SEAL), stated at the Devconnect conference in Buenos Aires that North Korean infiltrators have penetrated 15 - 20% of Crypto Assets companies.
Sabbatella estimates that 30-40% of the job applications received by crypto companies come from North Korean agents attempting to infiltrate these organizations. According to data from the U.S. Treasury in November, North Korean hackers have stolen over $3 billion in crypto assets over the past three years through malware and social engineering, with the funds being used for Pyongyang's nuclear weapons program.
North Korean workers typically evade international sanctions by seeking remote workers around the world as agents, who can earn 20% of the profits, while North Korean agents retain 80%.