North Korean Hackers Stole Over $3 Billion in Crypto, U.S. Sanctions Bankers and IT Firms

North Korean hackers have reportedly stolen over $3 billion in cryptocurrency, underscoring significant security challenges within the digital currency sector. In response to this large-scale cyber theft, the U.S. Treasury Department has imposed sanctions on several bankers and IT firms believed to be involved in facilitating these illicit activities. This move reflects ongoing concerns about the role of financial and technological intermediaries in enabling cybercrime linked to North Korea. The incident highlights the persistent threat posed by state-sponsored hacking groups targeting cryptocurrency platforms. It also emphasizes the increasing scrutiny by U.S. authorities aimed at disrupting networks that support such cyber operations. These developments contribute to a broader context of heightened vigilance around cryptocurrency security and regulatory enforcement. The case aligns with recent patterns of cyberattacks and sanctions involving North Korean entities in the digital asset space.