Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
North Korean IT workers used 30+ fake IDs to target crypto companies: report

North Korean IT workers used 30+ fake IDs to target crypto companies: report

Crypto.News2025/08/13 16:00
By: By Rony RoyEdited by Dorian Batycka
IP-1.53%LINK-0.67%POL-0.71%

A compromised device from a North Korean IT worker has exposed the inner workings of the team behind the $680,000 Favrr hack and their use of Google tools to target crypto projects.

Summary
  • A compromised device belonging to a North Korean IT worker exposed the inner workings of threat actors.
  • Evidence shows operatives used Google powered tools, AnyDesk, and VPNs to infiltrate crypto firms.

According to on-chain sleuth ZachXBT, the trail began with an unnamed source who gained access to one of the workers’ computers, uncovering screenshots, Google Drive exports, and Chrome profiles that pulled back the curtain on how the operatives planned and carried out their schemes.

Drawing on wallet activity and matching digital fingerprints, ZachXBT verified the source material and tied the group’s cryptocurrency dealings to the June 2025 exploit of the fan-token marketplace Favrr. One wallet address, “0x78e1a,” showed direct links to stolen funds from the incident.

Inside the operation

The compromised device showed that the small team — six members in total — shared at least 31 fake identities. To land blockchain development jobs, they amassed government-issued IDs and phone numbers, even buying LinkedIn and Upwork accounts to complete their cover.

An interview script found on the device showed them boasting of experience at well-known blockchain firms, including Polygon Labs, OpenSea, and Chainlink.

Google tools were central to their organized workflow. The threat actors were found to be using drive spreadsheets to track budgets and schedules, while Google Translate bridged the language gap between Korean and English. 

Among the information pulled from the device was a spreadsheet that showed IT workers were renting computers and paying for VPN access to buy fresh accounts for their operations.

The team also relied on remote access tools such as AnyDesk, allowing them to control client systems without revealing their true locations. VPN logs tied their activity to multiple regions, masking North Korean IP addresses.

Additional findings revealed the group looking up ways to deploy tokens across different blockchains, scouting AI firms in Europe, and mapping out fresh targets in the crypto space.

North Korean threat actors use remote jobs

ZachXBT found the same pattern flagged in multiple cybersecurity reports — North Korean IT workers landing legitimate remote jobs to slip into the crypto sector. By posing as freelance developers, they gain access to code repositories, backend systems, and wallet infrastructure.

One document uncovered on the device was interview notes and preparation materials likely meant to be kept on-screen or nearby during calls with potential employers.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Goldman Sachs predicts that the "U.S. government shutdown" will end within two weeks, making a Federal Reserve rate cut in December "more justified"?

Goldman Sachs predicts that the government shutdown is "most likely to end around the second week of November," but also warns that key economic data will be delayed.

深潮2025/11/03 23:24
I traded perpetual contracts for a month: from dreaming of getting rich overnight to a sobering reality.

Find a group of people who are doing the same thing as you, preferably those who are smarter than you.

深潮2025/11/03 23:24

Trending news

More
1
Goldman Sachs predicts that the "U.S. government shutdown" will end within two weeks, making a Federal Reserve rate cut in December "more justified"?
2
I traded perpetual contracts for a month: from dreaming of getting rich overnight to a sobering reality.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$106,087.31
-4.02%
Ethereum
Ethereum
ETH
$3,585
-8.22%
Tether USDt
Tether USDt
USDT
$0.9997
-0.02%
XRP
XRP
XRP
$2.32
-8.30%
BNB
BNB
BNB
$989.4
-8.94%
Solana
Solana
SOL
$165.43
-12.16%
USDC
USDC
USDC
$0.9996
-0.01%
TRON
TRON
TRX
$0.2811
-5.63%
Dogecoin
Dogecoin
DOGE
$0.1669
-10.34%
Cardano
Cardano
ADA
$0.5505
-9.82%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter